Telsey Advisory Reaffirms Their Buy Rating on Coursera (COUR)
Telsey Advisory analyst Sarang Vora maintained a Buy rating on Coursera yesterday and set a price target of $14.00. The company’s shares closed yesterday at $6.06.
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According to TipRanks, Vora is an analyst with an average return of -19.6% and a 19.35% success rate. Vora covers the Consumer Defensive sector, focusing on stocks such as Vital Farms, Coursera, and BRC.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coursera with a $12.00 average price target, implying a 98.02% upside from current levels. In a report released on January 26, J.P. Morgan also maintained a Buy rating on the stock with a $12.00 price target.
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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