Zacks Investment Research downgraded shares of CHINAEDU CP-ADR (CEDU) from OUTPERFORM to NEUTRAL on August 15, 2012, with a target price of $5.70.
ChinaEdu Corporation is an educational services provider in China, incorporated as an exempted limited liability company in the Cayman Islands. The Company's primary business is to provide comprehensive services to the online degree programs of leading Chinese universities including academic program development, technology services, enrollment marketing, student support services and finance operations. The Company also operates private primary and secondary schools, provides marketing and support for international curriculum programs and online interactive tutoring and test preparation services to primary and secondary school students.
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