- Piper Sandler analyst Arvind Ramnani downgraded 2U Inc (NASDAQ:TWOU) to Neutral from Overweight with a price target of $23, down from $37, suggesting a 30% upside.
- The analyst believes that a “myriad of headwinds” could limit near term upside in the shares, including the shift to in-person education, digital learning fatigue, and edX integration risk.
- Arvind remains cautious on 2U given enrollment headwinds and “virtual learning fatigue” after nearly two years of pandemic impacts.
- Price Action: TWOU shares are trading lower by 2.71% at $17.25 in premarket on the last check Thursday.
Texas Pacific Land Trust Q2 EPS $15.37 Misses $15.83 Estimate, Sales $176.30M Miss $177.96M Estimate
Texas Pacific Land Trust (NYSE:TPL) reported quarterly earnings of $15.37 per share which missed the analyst consensus estimate of $15.83 by 2.91 percent. This is a 108.83 percent increase over earnings of $7.36 per
