Panjang

$TWOU 30% DROP PROVIDES A OPPORTUNITY TO LONG

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Education specialist 2U reported a earnings beat but guidance was far from pleasing to investors, leading to a mass exodus resulting in a 30% drop. Despite this, analysts have actually remained somewhat bullish, both Oppenheimer and BMO Capital maintained a Outperform rating with a average price target of $63. We think the selling was overdone and will wait for a entry next week.
Company Description
2U, Inc. engages in the provision of cloud-based software-as-a-service solutions for nonprofit colleges and universities to deliver education to qualified students. It operates through the Graduate Program and Short Course segments. The Graduate Program segment target students seeking a full graduate degree of the same quality receives on-campus. The Short Course segment caters to working professionals looking for career advancement through skills attainment. It offers 2UOS, which consists of an ecosystem of technology, people, and data.

Penafian

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