跟谁学 ( GSX.N ) ：首次覆盖：专注在线大班，精细化运营造就盈利能力，给予“买入”评级，目标价为54.13美元

格隆汇2020-04-07

机构：西部证券评级：买入目标价：54.13美元在线教育市场分散，集中度提升空间大。2017年国内在线教育CR5仅为1.68%，大学在线培训CR5较高，为17.5%，由于低龄学生教育线上化发展速度较晚，我们认为学前和K12在线教育集中程度依然处于极低的水平。在线教育突破了教师产能瓶颈以及区域划分的限制，便于龙头进行业务扩张，同时该模式天然隔绝中小企业进入，我们认为K12在线辅导市场集中度未来将超过...

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陈先生呀
2020-04-07
陈先生呀
怎么又发一次？

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