tiprankstipranks
Trending News
More News >

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.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on COUR:

Disclaimer & DisclosureReport an Issue