RBC Capital Maintains Outperform on Coursera, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Rishi Jaluria maintains an Outperform rating on Coursera (NYSE:COUR) but lowers the price target from $25 to $18.
April 30, 2024 | 2:42 pm
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RBC Capital maintains an Outperform rating on Coursera but lowers the price target from $25 to $18.
While the maintenance of an Outperform rating suggests continued confidence in Coursera's business model and growth prospects, the reduction in the price target could reflect adjustments in valuation metrics, market conditions, or expectations for the company's future performance. This mixed signal might lead to short-term uncertainty among investors, balancing optimism with caution.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100