Citi Elevates New Oriental Education & Technology Group to 'Buy' Status with Revised Price Target
July 30, 2025 - 17:08
New Oriental Education & Technology Group Inc. has recently gained attention as it has been classified among the 10 Most Undervalued Foreign Stocks to Buy, according to analysts. On June 27, 2025, Citi made a significant move by upgrading its rating for the company from ‘Neutral’ to ‘Buy.’ This shift reflects a growing confidence in the company's potential for future growth and profitability.
In conjunction with the upgrade, Citi adjusted its price target for New Oriental, lowering it from $77 to a new target of $50. This revision indicates a strategic recalibration of expectations amid changing market conditions. Analysts believe that the company's fundamentals remain strong, despite the price target adjustment.
Investors are encouraged to keep an eye on New Oriental as it navigates the evolving educational landscape, particularly in the wake of recent regulatory changes that have impacted the sector. The upgrade signals a positive outlook for the company's long-term performance.
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