Coursera shares are trading lower after Goldman Sachs downgraded the stock from Neutral to Sell and lowered its price target from $18 to $14.
Portfolio Pulse from Benzinga Newsdesk
Coursera's stock (COUR) is trading lower following a downgrade by Goldman Sachs from Neutral to Sell, with a reduced price target from $18 to $14.

January 19, 2024 | 1:49 pm
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Goldman Sachs downgraded Coursera to Sell and lowered the price target, indicating a bearish outlook which could lead to a decrease in stock price.
Analyst downgrades, especially from prominent firms like Goldman Sachs, can significantly influence investor sentiment and stock prices. The downgrade from Neutral to Sell suggests a negative outlook on the company's performance or valuation, which can lead to selling pressure. The reduction in the price target further supports a bearish view, potentially leading to a short-term decline in Coursera's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100