News Snapshot:
China Online Education Group (NYSE:COE) had its target price lowered by analysts at Needham & Company LLC from $32.00 to $9.00 in a research report issued to clients and investors on Thursday, The Fly reports. The brokerage currently has an “in-line” rating on the stock. Needham & Company LLC’s price target points to a potential upside of 294.74% from the stock’s current price. Separately, Benchmark cut shares of China Online Education Group from a “buy” rating to a “hold” rating in a report on Monday, July 26th. China Online Education Group stock opened at $2.28 on Thursday. The firm’s 50...
