Baird lowered the firm’s price target on Udemy to $15 from $17 and keeps an Outperform rating on the shares. The firm said the company’s below-consensus guidance mildly disappointing, but with still solid UB growth considering macro, Baird doesn’t consider it a meaningful change to its long-term thesis.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on UDMY: