Udemy: Another Buying Opportunity At This Level
Udemy(UDMY) Seeking Alpha·2024-02-23 12:32
SOPA Images/LightRocket via Getty Images Overview I previously rated buy rating for Udemy (NASDAQ:UDMY) as I expected UDMY to continue growing EBITDA strongly, which support UDMY to trade at the same valuation as peers. My previous call recommendation played out well as the stock surged to $16 in mid-Dec 2023, surpassing my target price. I believe the share price decline post the result has presented another buying opportunity, as such, my recommendation for UDMY is a buy rating. I believe the issue with UD ...