Truist Securities Maintains Buy on Udemy, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Terry Tillman has reaffirmed a Buy rating on Udemy (NASDAQ:UDMY) and increased the price target from $13 to $15.
January 22, 2024 | 7:10 pm
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Truist Securities analyst Terry Tillman has maintained a Buy rating on Udemy and raised the price target from $13 to $15, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a bullish outlook on Udemy's stock, which could lead to a positive short-term impact on its share price. Analyst ratings and price target adjustments are significant factors that investors consider, and an upgrade typically signals confidence in the company's future performance.
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