Needham Maintains Buy on Coursera, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan MacDonald maintains a Buy rating on Coursera (NYSE:COUR) but lowers the price target from $23 to $15.

April 30, 2024 | 11:27 am
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Needham maintains a Buy rating on Coursera but lowers the price target from $23 to $15.
While the Buy rating reaffirms Needham's positive outlook on Coursera, the reduction in price target could reflect adjustments in valuation metrics or market conditions, potentially leading to short-term price volatility. However, the maintained Buy rating suggests underlying confidence in the company's fundamentals.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100