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TAL Education Facing Margin Pressure; Brean Steps To The Sidelines
Saturday, May 7, 2016 - 2:04pm | 290Read More...Brean Capital has downgraded TAL Education Group (ADR) (NYSE: XRS) to Hold from Buy on greater-than-expected margin pressures. TAL Education reported fourth-quarter non-GAAP operating margin of 14.4 percent, down from 16.4 percent a year ago. Gross margin also declined to 49.3 percent from 52...
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Time To Buy New Oriental Education, Brean Says
Wednesday, October 21, 2015 - 8:25am | 338Read More...New Oriental Education & Tech Grp (ADR) (NYSE: EDU) has seen an increase of 32.38 in its share price, reaching a high of $24.91 on Monday. Brean Capital’s Anne Shih has upgraded the rating on the company from Hold to Buy, with a price target of $32. The company has reported...
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Brean Capital Weighs In On Alibaba
Wednesday, January 28, 2015 - 2:12pm | 180Read More...Brean Capital on Wednesday reported on Alibaba Group Holding Ltd (NYSE: BABA). The report highlighted statements from COO Yong Zhang who said, “that ecommerce's development opportunities should focus mainly on four trends: shifts from PC to mobile, from goods to service, from online to...
