Analysts Offer Insights on Technology Companies: 2U Inc (TWOU), Net 1 Ueps (UEPS) and GrubHub (GRUB)


There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on 2U Inc (TWOU), Net 1 Ueps (UEPS) and GrubHub (GRUB) with bullish sentiments.

2U Inc (TWOU)

Barrington analyst Alexander Paris maintained a Buy rating on 2U Inc today and set a price target of $75. The company’s shares closed yesterday at $59.86.

According to TipRanks.com, Paris is a 4-star analyst with an average return of 6.8% and a 47.6% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, Grand Canyon Education, and Franklin Covey Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for 2U Inc with a $76 average price target.

See today’s analyst top recommended stocks >>

Net 1 Ueps (UEPS)

In a report released today, Allen Klee from Maxim Group maintained a Buy rating on Net 1 Ueps, with a price target of $12. The company’s shares closed yesterday at $3.18, close to its 52-week low of $2.78.

Klee wrote:

“F2Q19 non-GAAP loss per share of ($0.88) was well below our expectations primarily due to weaker South African (SA) results.”

According to TipRanks.com, Klee is a 1-star analyst with an average return of -4.7% and a 48.2% success rate. Klee covers the Technology sector, focusing on stocks such as Sify Technologies Limited, Dolphin Entertainment Inc, and Atlantic Tele-Network.

Currently, the analyst consensus on Net 1 Ueps is a Moderate Buy with an average price target of $9.50, representing a 198.7% upside. In a report issued on February 1, B.Riley FBR also maintained a Buy rating on the stock with a $7 price target.

GrubHub (GRUB)

Oppenheimer analyst Jason Helfstein maintained a Buy rating on GrubHub today and set a price target of $108. The company’s shares closed yesterday at $82.27.

Helfstein observed:

“We are lowering our price target to $108 from $115 in light of higher spending to support delivery markets and future chain integrations, but maintaining our Outperform rating on our long-term view around the food and restaurant industry moving to electronic platforms and delivery. In the short term, EBITDA will be depressed by higher spending, but EBITDA/order should improve by 2Q19, setting up strong EBITDA growth in 2020 of +38% y/y in our model. While the risk of higher investment will remain, the long-term payback should be significant as large chains are looking for integrations with a single partner (vs. accepting take-out orders from multiple vendors). We see most restaurant chains announcing platform deals with leading companies over the next 12-24 months.”

According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 16.7% and a 62.1% success rate. Helfstein covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, Spotify Technology SA, and IAC/InterActiveCorp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GrubHub with a $109.21 average price target, implying a 32.7% upside from current levels. In a report issued on January 28, Credit Suisse also upgraded the stock to Buy with a $130 price target.

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