Truist Securities Maintains Buy on Udemy, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Truist Securities maintains a Buy rating on Udemy (NASDAQ:UDMY) but lowers the price target from $15 to $10.
August 02, 2024 | 1:31 pm
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Truist Securities maintains a Buy rating on Udemy but lowers the price target from $15 to $10, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Udemy's long-term prospects, but the lowered price target reflects a more cautious short-term outlook. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100