Coursera price target raised to $20 from $17 at Truist

Truist analyst Terry Tillman raised the firm’s price target on Coursera to $20 from $17 and keeps a Hold rating on the shares. The company’s Q4 results were “solid” as Consumer, Enterprise, and Degrees segments grew in excess of 10% y/y, with particular strength coming from Consumer at 22% growth, the analyst tells investors in a research note. Coursera profits were also solid as the company achieved positive adjusted EBITDA for the first time, better than its breakeven target, the firm added.