Udemy price target raised to $15 from $13 at Truist

Truist raised the firm’s price target on Udemy to $15 from $13 and keeps a Buy rating on the shares. The stock is at a depressed valuation level that makes little sense considering the stability in the business, UB market leadership, improving margin and profit prospects, along with the company’s “key growth catalysts”, the analyst tells investors in a research note.