2U (NASDAQ: TWOU) has recently received a number of price target changes and ratings updates:

  • 10/11/2017 – 2U was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “2U, Inc. is an education technology company. It is a provider of cloud-based software-as-a-service (SaaS) solutions that enables nonprofit colleges and universities to deliver their education to students anywhere. The Company offers graduate and undergraduate degree programs in social work, science, public administration, healthcare, laws, education, and business administration. It also offers a suite of technology-enabled services including content development, student acquisition, and state authorization services, as well as application advising, student and faculty support, and in-program student field placements. 2U, Inc. is based in Landover, Maryland. “
  • 10/9/2017 – 2U had its “buy” rating reaffirmed by analysts at Compass Point. They now have a $70.00 price target on the stock, up previously from $62.00.
  • 10/6/2017 – 2U had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $66.00 price target on the stock, up previously from $59.00.
  • 10/6/2017 – 2U had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $66.00 price target on the stock, up previously from $62.00.
  • 10/6/2017 – 2U had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings, Inc.. They now have a $65.00 price target on the stock, up previously from $55.00.
  • 9/11/2017 – 2U had its “buy” rating reaffirmed by analysts at Compass Point. They now have a $62.00 price target on the stock, up previously from $56.00.
  • 9/8/2017 – 2U is now covered by analysts at Credit Suisse Group. They set an “outperform” rating and a $58.00 price target on the stock.

2U, Inc. (TWOU) opened at 62.035 on Tuesday. 2U, Inc. has a 12 month low of $29.23 and a 12 month high of $62.62. The stock’s market cap is $2.97 billion. The company’s 50 day moving average price is $56.18 and its 200 day moving average price is $48.52.

In related news, Director Mark Chernis sold 4,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $52.90, for a total transaction of $238,050.00. Following the completion of the transaction, the director now owns 19,825 shares of the company’s stock, valued at approximately $1,048,742.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John M. Larson sold 150,000 shares of the firm’s stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $46.79, for a total value of $7,018,500.00. Following the transaction, the director now directly owns 16,065 shares of the company’s stock, valued at approximately $751,681.35. The disclosure for this sale can be found here. 8.40% of the stock is currently owned by corporate insiders.

2U, Inc is a provider of an integrated solution consisting of cloud-based software-as-a-service (SaaS) combined with technology-enabled services (together, the Platform) that allows colleges and universities to deliver online degree programs. The Company’s SaaS technology consists of a learning environment (Online Campus), which acts as the hub for all student and faculty academic and social interaction, and a suite of integrated applications, which the Company uses to launch, operate and support the Company’s clients’ programs.

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