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- Berenberg analyst Phillip Leytes initiated coverage of Udemy Inc UDMY with a Buy rating and $30 price target, implying 150% potential upside.
- The analyst thinks that the investors have underappreciated the value of Udemy's transformation into a business-to-business platform.
- Udemy operates a marketplace platform providing over 44 million learners with access to over 183,000 courses in 75 languages and over 180 countries.
- Price Action: UDMY shares are trading higher by 1.39% at $12.01 on the last check Friday.
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