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66899 UB#HSI RC2803F (R BULL)
RT Nominal unchange0.108 0.000 (0.000%)

25/04/2025 15:35

{I-bank focus}Daiwa lowers New Oriental (09901) to HKD49

[ET Net News Agency, 25 April 2025] Daiwa lowered the target price for New Oriental
(09901) to HKD49 from HKD50 and maintained the "buy" rating.
The research house said it lowers FY26-27E revenue by 1-4% and EPS by 2% on slower high
school revenue growth and withholding tax expenses. (rc)

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