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RBC Capital Reaffirms Their Buy Rating on Coursera (COUR)

Tipranks - Tipranks - Wed Apr 8, 8:50PM CDT

RBC Capital analyst Rishi Jaluria maintained a Buy rating on Coursera on April 6 and set a price target of $8.00. The company’s shares closed yesterday at $6.01.

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Jaluria covers the Technology sector, focusing on stocks such as Microsoft, Fastly, and NICE. According to TipRanks, Jaluria has an average return of -6.4% and a 48.20% success rate on recommended stocks.

Currently, the analyst consensus on Coursera is a Moderate Buy with an average price target of $9.40.

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Based on Coursera’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $196.9 million and a GAAP net loss of $26.8 million. In comparison, last year the company earned a revenue of $179.18 million and had a GAAP net loss of $21.61 million

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