IDP Education (IEL) shares have soared off the back of an independent review of the UK's graduate route recommended the status quo of the program, which allows international students to stay in the UK for two years after graduation. IDP suffered a setback domestically when, the Australian government put a cap on enrolment of international students for each university which has extended uncertainty and adding further downward pressure on potentially its FY24 and FY25 earnings forecast. Brokers see restrictive international student policies as a continued risk for the company and therefore seeing downside risk to consensus estimates. Our experts, Andrew Wielandt from DP Wealth Advisory and Henry Jennings from Marcus Today, share their views on the company. Andrew says that there's been a lot of short interest in the company, and combined with the risk of fundamental business change off the back of government decisions, it's not one he'd want to hold in his portfolio but does still see an opportunity in it. Henry says it's starting to look oversold and agrees with Andrew about the risks of changes to government policy. He also sees some opportunities if the price was right though... So will it be a buy, hold or sell?
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