Morgan Stanley Maintains Overweight on Coursera, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer maintains an Overweight rating on Coursera (NYSE:COUR) but lowers the price target from $21 to $15.

April 30, 2024 | 4:55 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley maintains an Overweight rating on Coursera but lowers the price target from $21 to $15.
The adjustment in price target by a major analyst like Morgan Stanley can have a mixed impact on Coursera's stock. While maintaining an Overweight rating indicates a positive outlook on the company, the reduction in price target could signal a tempered expectation for the stock's short-term performance. Investors might view this as a recalibration of growth expectations rather than a negative outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100