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Benzinga
Benzinga
Business
Priya Nigam

Why Piper Sandler Downgrades 2U: Elevated Downside Risk Among Other Factors

2U Piper Sandler Nasdaq

There is downside risk to 2U Inc’s (NASDAQ:TWOU) stock from the regulatory overhang and various headwinds facing the industry, according to Piper Sandler.

The 2U Analyst: Arvind Ramnan downgraded the rating for 2U from Neutral to Underweight, while reducing the price target from $10 to $9.

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