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Benzinga

Shivani Kumaresan

Berenberg Sees 150% Upside In This Online Educator - Read Why

Berenberg analyst Phillip Leytes initiated coverage of Udemy Inc (NASDAQ: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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