Needham Reiterates Buy on Udemy, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan MacDonald reiterated a Buy rating on Udemy (NASDAQ:UDMY) and maintained a $15 price target.

May 03, 2024 | 9:33 am
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Needham analyst Ryan MacDonald reiterated a Buy rating on Udemy and maintained a $15 price target.
The reiteration of a Buy rating and maintenance of a $15 price target by a reputable analyst like Ryan MacDonald from Needham is likely to instill confidence among investors and could positively impact Udemy's stock price in the short term. Analyst ratings, especially from well-regarded firms, often influence investor perception and can lead to price movements.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100