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Fly News Breaks for February 26, 2019
TWOU
Feb 26, 2019 | 10:23 EDT
Barrington analyst Alexander Paris raised his price target for 2U to $90 after the company's Q4 results topped expectations. Further, 2U's projected growth rate of 33% in 2019 is much higher than the average of 15% for the Education Tech peer group and 22% for the high-growth Software-as-a-Service peer group, Paris tells investors in a post-earnings research note. The analyst reiterates an Outperform rating on 2U.
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