Information Provided By:
Fly News Breaks for November 16, 2018
TWOU
Nov 16, 2018 | 05:15 EDT
First Analysis analyst Corey Greendale reiterates a Strong Buy rating with a $95 price target following a meeting with 2U management. The analyst is comfortable that the lower expected 2019 graduate program growth is a result of a "confluence of unusual factors" at one program. He's hopeful these will be resolved in the "not-too-distant future" and believes the slowdown is not, in any event, an indication the economic model is deteriorating."