Why GSX Techedu Shares Gained on Tuesday
Shares of Chinese online-education company GSX Techedu (NYSE: GSX) were rising today after an analyst with CLSA upgraded the stock to a buy. As of 12:50 p.m. EST, the shares were up 9%.
CLSA analyst Youngrin Kim upgraded GSX Techedu stock to a buy today, according to Street Insider. A buy call is encouraging to investors by itself. But it's doubly encouraging because Kim had previously been bearish about GSX Techedu.
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Source Fool.com
