Morgan Stanley Maintains Equal-Weight on Udemy, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer has maintained an Equal-Weight rating on Udemy (NASDAQ:UDMY) and lowered the price target from $13 to $12.
October 23, 2023 | 1:52 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Udemy and lowered the price target from $13 to $12.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Udemy in the short term. This is because the new price target is lower than the previous one, indicating a less optimistic outlook for the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100