UPDATE: Deutsche Bank Reiterates Buy Rating, Lowers PT on TAL Education Group
In a report published Wednesday, Deutsche Bank reiterated its Buy rating on TAL Education Group (NYSE: XRS ), but lowered its price target from $15.60 to $13.80. Deutsche Bank noted, “XRS recorded a top line of US$49m in FY3Q13 (+20% YoY) which was largely in line with company guidance, but
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