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Fly News Breaks for November 6, 2018
TWOU
Nov 6, 2018 | 08:55 EDT
Baird analyst Jeffrey Meuler lowered his price target on 2U to $80 from $100 following Q3 results. The analyst said the results were fine relative to expectations, but he is incrementally negative based on reduced guidance. Meuler said underlying growth remains strong and its valuation is attractive and he maintained his Outperform rating on 2U shares.
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