AI
Friday, May 10, 2019 7:00:17 PM
30% DROP PROVIDES AN OPPORTUNITY TO LONG.
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
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
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