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Coursera downgraded to Neutral from Overweight at Cantor Fitzgerald
The Fly

Coursera downgraded to Neutral from Overweight at Cantor Fitzgerald

Cantor Fitzgerald analyst Brett Knoblauch downgraded Coursera to Neutral from Overweight with a price target of $16, down from $17. The company reported "solid" Q4 results but the stock’s risk/reward has become less attractive with the shares up 25% year-to-date, the analyst tells investors in a research note. With the company’s revenue growth slowing to the mid-teens, along with a slowing pace of profitability improvements, it makes sense to move to the sidelines, contends Cantor.

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