2u (TWOU) Reports In-Line Q1 EPS, Offers Q2 and FY Guidance

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2U, Inc. (TWOU) PT Raised to $54 at Needham & Company; 'Strong Q1, Continued Strength in DGP with Upside Optionality from GetSmarter'

May 5, 2017 9:28 AM EDT

Needham & Company raised its price target on 2U, Inc. (NASDAQ: TWOU) to $54.00 (from $49.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Kerry Rice notes the company produced first quarter revenue and EBITDA results above consensus, demonstrating accelerating... More