DA Davidson analyst Rishi Jaluria kept his Buy rating and $88 price target on 2U after its announced deal to buy Trilogy Education for $750M in cash and stock. The analyst is positive on the acquisition, which he believes "creates another lever of growth in corporate learning" and expands its university footprint while also offering "meaningful cross-sell opportunities." Jaluria also maintains a constructive view on the stock thanks to the company's "leadership position in online program management, attractive long-term financial model, and multiple growth drivers."