2U (NASDAQ:TWOU) Coverage Initiated at StockNews.com

StockNews.com began coverage on shares of 2U (NASDAQ:TWOUFree Report) in a report published on Friday. The brokerage issued a hold rating on the software maker’s stock.

Several other research analysts have also weighed in on TWOU. Morgan Stanley dropped their target price on 2U from $2.00 to $1.00 and set an equal weight rating on the stock in a research report on Tuesday, February 13th. Needham & Company LLC lowered 2U from a buy rating to a hold rating in a research report on Tuesday, February 13th. Cantor Fitzgerald lowered 2U from an overweight rating to a neutral rating and dropped their target price for the stock from $5.30 to $1.50 in a research report on Friday, November 10th. Barrington Research lowered 2U from an outperform rating to a market perform rating in a research report on Friday, November 10th. Finally, Piper Sandler dropped their target price on 2U from $4.00 to $1.70 and set a neutral rating on the stock in a research report on Monday, November 13th. Nine investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of Hold and an average target price of $4.31.

Read Our Latest Analysis on TWOU

2U Stock Down 2.8 %

NASDAQ:TWOU opened at $0.42 on Friday. 2U has a 1-year low of $0.32 and a 1-year high of $10.35. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.74 and a quick ratio of 0.74. The business’s fifty day moving average price is $0.81 and its 200 day moving average price is $1.62.

Institutional Trading of 2U

Several large investors have recently made changes to their positions in the stock. Point72 Middle East FZE bought a new stake in 2U during the 4th quarter valued at approximately $25,000. Axxcess Wealth Management LLC bought a new stake in 2U during the 3rd quarter valued at approximately $25,000. Principal Financial Group Inc. bought a new stake in 2U during the 3rd quarter valued at approximately $28,000. Qtron Investments LLC bought a new stake in 2U during the 3rd quarter valued at approximately $35,000. Finally, Hsbc Holdings PLC bought a new stake in 2U during the 3rd quarter valued at approximately $35,000. Institutional investors own 90.55% of the company’s stock.

About 2U

(Get Free Report)

2U, Inc operates as an online education platform company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs.

Further Reading

Analyst Recommendations for 2U (NASDAQ:TWOU)

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