Needham Reiterates Buy on Udemy, Maintains $16 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Ryan MacDonald has reiterated a Buy rating on Udemy (NASDAQ:UDMY) and maintained a $16 price target.
June 01, 2023 | 9:57 am
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Needham analyst Ryan MacDonald reiterated a Buy rating on Udemy (NASDAQ:UDMY) and maintained a $16 price target.
The Buy rating from Needham analyst Ryan MacDonald indicates a positive outlook for Udemy's stock. The maintained $16 price target suggests that the analyst believes the stock has potential for growth. This news is likely to have a positive impact on the stock price in the short term.
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