Piper Sandler analyst Arvind Ramnani maintained a Sell rating on 2U (TWOU – Research Report) today and set a price target of $8.00. The company’s shares closed last Thursday at $10.36, close to its 52-week low of $7.28.
According to TipRanks.com, Ramnani is a 1-star analyst with an average return of -2.4% and a 51.3% success rate. Ramnani covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Ceridian HCM Holding, and Aeva Technologies.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for 2U with a $17.50 average price target.
The company has a one-year high of $46.52 and a one-year low of $7.28. Currently, 2U has an average volume of 1.9M.
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2U, Inc. engages in the provision of education technology for nonprofit colleges and universities. It operates through the following segments: Graduate Program and Alternative Credential. The Graduate Program segment provides technology and services to nonprofit colleges and universities to enable the online delivery of degree programs. The Alternative Credential segment provides premium online short courses and technical, skills-based boot camps through relationships with nonprofit colleges and universities. The company was founded by Christopher J. Paucek on April 2, 2008 and is headquartered in Lanham, MD.
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