Barrington analyst Alexander Paris raised the firm’s price target on 2U to $15 from $9 and keeps an Outperform rating on the shares following the Q4 beat. The analyst is supportive of management’s plan to accelerate 2U’s transition to a platform company under the edX brand and its focus shift to more durable and profitable growth.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on TWOU: