Morgan Stanley Maintains Equal-Weight on 2U, Lowers Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer has maintained an Equal-Weight rating on 2U (NASDAQ:TWOU) but lowered the price target from $6.5 to $4.5.
August 09, 2023 | 12:18 pm
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Morgan Stanley has maintained an Equal-Weight rating on 2U but lowered the price target from $6.5 to $4.5, which could potentially impact the stock's performance.
The lowering of the price target by a major financial institution like Morgan Stanley could lead to a decrease in investor confidence in 2U, potentially leading to a decrease in the stock's price in the short term.
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IMPORTANCE 80
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