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Fly News Breaks for February 12, 2019
TWOU
Feb 12, 2019 | 08:54 EDT
BMO Capital analyst Jeffrey Silber raised his price target on 2U to $72 and kept his Outperform rating after participating in the company's Partner Symposium. The analyst notes that there appears to be no shortage of demand to the number of programs available, with the recent addition of short courses expanding the company's total addressable market. Silber also maintains his positive view of 2U as a "strong growth story in education benefiting from trend of nonprofit schools developing online programs to seek growth".
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