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Fly News Breaks for May 8, 2019
TWOU
May 8, 2019 | 07:51 EDT
Oppenheimer analyst Brian Schwartz lowered his price target for 2U to $67 from $83, noting that Q1 results and guidance mark a "noticeable change" from management that typically guided growth above consensus to moderating investments to protect margins. The analyst reiterates an Outperform rating on the shares.
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