2u (TWOU) Tops Q2 EPS by 5c

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Compass Point Raises Price Target on 2u (TWOU) to $40 Following 2Q Beat and Raise

August 7, 2015 8:26 AM EDT

Compass Point reiterated a Buy rating in 2U, Inc. (NASDAQ: TWOU), and raised the price target to $40.00 (from $31.00), following 2Q15 results. Adjusted EPS of ($0.14) beat consensus of ($0.18), and guidance of ($0.20)- ($0.19). Revenue of $35.2M rose 42% YOY, beating consensus of $34.5M and guidance of $34.1-$34.6M.... More