Udemy shares are trading higher after the company reported better-than-expected Q3 financial results. Additionally, Keybanc maintained an Overweight rating on the stock and raised its prce target from $12 to $13.
Portfolio Pulse from Benzinga Newsdesk
Udemy's shares are trading higher following the company's Q3 financial results, which exceeded expectations. Keybanc has maintained an Overweight rating on the stock and increased its price target from $12 to $13.
November 03, 2023 | 3:32 pm
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POSITIVE IMPACT
Udemy's better-than-expected Q3 results and Keybanc's maintained Overweight rating and increased price target are positive for the stock.
Udemy's Q3 results exceeded expectations, which is a positive signal for investors and can drive the stock price up. Additionally, Keybanc's maintained Overweight rating and increased price target from $12 to $13 further supports the positive outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100