Udemy Downgrade: Analyst Warns Of Negative Risk/Reward Profile While Demand Is Weak - Udemy ( NASDAQ:UDMY )
Morgan Stanley analyst Josh Baer downgraded Udemy, Inc. UDMY to Underweight from Equal Weight, lowering the price forecast to $7.50 from $10. The analyst suggests that Udemy's strategic shift may indicate weakening demand, contrasting with earlier expectations for near-term growth.
| Ticker |
Sentiment |
Impact |
|
UDMY
|
Neutral
|
50 %
|
|
MS
|
Neutral
|
13 %
|
