Five Top Stocks From Wall Street Analysts For A Choppy Market

Shares in this online education platform have more than doubled year to date. A stream of positive news announcements — from strong quarterly earnings reports to new partnerships and education programs — have kept 2U’s stock price rising.

Most recently, 2U officially announced that its second domestic graduate program will launch in 2019. On the news, top Key Banc analyst Monika Garg raised her price target to $83, representing a 9 percent upside potential. Her old price target was $73.

In her Jan. 30 report, Garg explains that she is now more confident in 2U executing and building its program pipeline. She also notes that encouraging cross-sell opportunities are beginning to emerge with recent acquisition GetSmarter. 2U Inc picked up online short course provider GetSmarter in May 2017 for $103 million.

For Oppenheimer’s Brian Schwartz this is just the beginning. He says: “We believe long-term investors will be rewarded over the years as 2U disrupts and transforms the post-secondary education landscape with little credible threat over the medium term.”

In the last three months the stock has received four back-to-back buy ratings from the Street’s best analysts.

3. Neurocrine (NBIX)

Beta 0.30, up 18 percent in quarter

Biotech firm Neurocrine Biosciences focuses on neurological and endocrine based diseases and disorders.

The Street is buzzing about Neurocrine’s Ingrezza drug, the first FDA-approved treatment for adults with tardive dyskinesia. This condition, afflicting an estimated 500,000 Americans, is characterized by uncontrollable, abnormal and repetitive movements caused by mental illness treatments.

In the fourth quarter, Neurocrine recorded net product sales of $64.5 million. Looking forward, Barclays’ Geoff Meacham says he is very optimistic about the drug’s potential. He anticipates strong commercial sales and forecasts robust organic growth in 2018.

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