Keybanc Maintains Overweight on Udemy, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jason Celino has maintained an Overweight rating on Udemy (NASDAQ:UDMY) but lowered the price target from $15 to $14.

May 03, 2024 | 6:01 pm
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Keybanc analyst Jason Celino maintains an Overweight rating on Udemy but lowers the price target from $15 to $14.
The adjustment in price target by Keybanc reflects a nuanced view on Udemy's valuation, suggesting a positive outlook with a slightly reduced growth expectation. This could lead to mixed reactions in the short term, as investors digest the implications of a lower price target against the backdrop of an Overweight rating.
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