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Fly News Breaks for April 3, 2017
TWOU
Apr 3, 2017 | 07:42 EDT
Credit Suisse analyst Michael Nemeroff raised his price target for 2U to $54 from $43 after hosting meetings with its CEO Chip Paucek, which reinforced his "highly positive" view on the company's business momentum and provided further clarity on the recently announced 2018-2020 program launch cadence that 2U management believes will drive sustainable 30% year over year growth. The analyst reiterates an Outperform rating on the shares.
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