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Fly News Breaks for May 8, 2019
TWOU
May 8, 2019 | 09:35 EDT
DA Davidson analyst Rishi Jaluria lowered his price target on 2U to $70 after its "rough" guidance on the 2019 graduate segment coming from increased university selectivity and lower application submissions. The analyst keeps his Buy rating however with a positive view on 2U's "program expansion" along with its "international, corporate,and undergraduate" opportunities.
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