Canaccord analyst Jason Tilchen lowered the firm’s price target on Udemy (UDMY) to $5 from $7 and keeps a Hold rating on the shares. The firm said they reported said they reported solid Q4 results, with revenue and profitability slightly ahead of expectations. The company saw continued signs that its shift upmarket for the Enterprise business is bearing fruit, with AI-related content and new products like its custom role play simulations and MCP server enabling organizations to create more personalized learning journeys.
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