Morgan Stanley Maintains Overweight on Coursera, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer maintains an Overweight rating on Coursera (NYSE:COUR) but lowers the price target from $25 to $21.
April 19, 2024 | 5:19 pm
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Morgan Stanley maintains an Overweight rating on Coursera but reduces the price target from $25 to $21.
While the Overweight rating suggests Morgan Stanley's positive outlook on Coursera's stock, the reduction in the price target could indicate a tempered expectation for the stock's short-term growth potential. This adjustment might reflect new data or market conditions affecting Coursera's business outlook. Investors might see this as a nuanced view, acknowledging Coursera's strengths but also factoring in challenges or slower growth than previously anticipated.
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