What are the current analyst ratings for IDP Education?

The current analyst ratings for IDP Education (ASX: IEL) are as follows:

1. **Morgan Stanley**: The analyst target price for IDP Education has been slashed from $17.95 to $4.25. This significant decrease in the target price reflects the analyst's revised outlook on the company's future performance.
2. **Jefferies**: Jefferies initiated coverage of IDP Education with an 'Underperform' rating, citing increased competition and regulatory changes as key concerns.
3. **Citigroup**: Citigroup Global Markets Australia Pty Limited has ceased to be a substantial holder in IDP Education as of April 8, 2025. This change in holding involves a series of transactions related to securities lending agreements, impacting the company’s shareholder structure.
4. **Macquarie**: Despite the challenging market conditions, Macquarie remains optimistic about IDP Education’s long-term potential for double-digit growth. This indicates a more positive outlook compared to other analysts.

In conclusion, the current analyst ratings for IDP Education are mixed, with at least one analyst initiating coverage with an 'Underperform' rating and another analyst maintaining a positive outlook despite the current challenges. The target price has been significantly slashed by one analyst, which could impact investor sentiment.