Coursera price target lowered to $21 from $26 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm’s price target on Coursera to $21 from $26 and keeps an Overweight rating on the shares. The firm’s long-term thesis is unchanged following the mixed Q1 results and cautious commentary from management and views the 11% after-hours decline as a buying opportunity, the analyst tells investors in a research note.