01:55 PM EDT, 04/23/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our target price to USD60 from USD63, at a FY 27 (May) P/E of 18x, largely in line with its three-year average, balancing our projected healthy growth outlook for EDU with regulatory risks in China. We forecast revenue to grow 8%/10% in FY 26/FY 27, mainly supported by higher enrollments for EDU's non-academic tutoring courses (such as music and sports lessons) and its ongoing expansion plan for schools and learning centers. We also expect revenue growth to sustain for the overseas test preparation and study consulting businesses. We project net margin to improve to 8.6%/9.0% in FY 26/FY 27 (7.6% in FY 25), supported by higher utilization of its existing learning centers/classrooms, better operating efficiency, and improved profit contribution from East Buy. Despite higher startup costs for new initiatives, EDU's disciplined expansion into high-income, high-growth cities should help mitigate these pressures. Our EPADS forecasts are unchanged.