EF Hutton Maintains Buy Rating for Tarena International: Here's What You Need To Know

EF Hutton has decided to maintain its Buy rating of Tarena International TEDU and lower its price target from $11.00 to $8.00.

Shares of Tarena International are trading up 4.62% over the last 24 hours, at $3.40 per share.

A move to $8.00 would account for a 135.29% increase from the current share price.

About Tarena International

Tarena International Inc is engaged in providing professional education services including professional information technology (IT) training courses and non-IT training courses. It offers K-12 education services in China. The company operates in two reportable segments namely IT Professional Education and IT-focused Supplementary STEAM Education Services. The majority of the revenue is generated from the IT-focused Supplementary STEAM Education Services segment. The service provides by the company includes featuring course content, examinations, student and teaching staff interaction tools, student management tools, and an online student community. For adult students, Their education platform combines live distance instruction, classroom-based tutoring, and online learning modules.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.