Needham Maintains Buy on Udemy, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan MacDonald maintains a Buy rating on Udemy (NASDAQ:UDMY) but lowers the price target from $15 to $11.
October 30, 2024 | 11:00 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Needham analyst Ryan MacDonald maintains a Buy rating on Udemy but lowers the price target from $15 to $11, indicating a more cautious outlook.
The analyst's decision to maintain a Buy rating suggests confidence in Udemy's long-term potential, 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