TAL Education price target raised to $17.20 from $16.40 at UBS

UBS raised the firm’s price target on TAL Education (TAL) to $17.20 from $16.40 and keeps a Buy rating on the shares. TAL Education reported strong Q3 results, with a beat on both EPS and revenue, the analyst tells investors in a research note. The firm continues to like TAL post-results, and UBS sees potential margin upside with better operating leverage and optimization in the learning device sales channel.