RBC Capital Sticks to Its Buy Rating for Coursera (COUR)
In a report released on January 13, Rishi Jaluria from RBC Capital maintained a Buy rating on Coursera, with a price target of $11.00. The company’s shares closed yesterday at $6.55.
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Jaluria covers the Technology sector, focusing on stocks such as Guidewire, Oracle, and NICE. According to TipRanks, Jaluria has an average return of -4.6% and a 49.90% success rate on recommended stocks.
In addition to RBC Capital, Coursera also received a Buy from KeyBanc’s Devin Au CFA in a report issued on January 12. However, on January 13, TipRanks – xAI reiterated a Hold rating on Coursera (NYSE: COUR).
Based on Coursera’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $194.2 million and a GAAP net loss of $8.6 million. In comparison, last year the company earned a revenue of $176.09 million and had a GAAP net loss of $13.69 million
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- Coursera price target lowered to $11 from $13 at RBC Capital
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- Coursera–Udemy: Strategically Compelling Merger Offset by Integration Risks and Limited Valuation Upside, Justifying Hold Rating
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