Coursera price target raised to $22 from $21 at Cantor Fitzgerald

Cantor Fitzgerald analyst Brett Knoblauch raised the firm’s price target on Coursera to $22 from $21 and keeps an Overweight rating on the shares. Coursera posted a strong quarter, beating consensus estimates on both the top and bottom line and demonstrating increased demand for AI-related content, the analyst tells investors in a research note. Cantor continues to believe in its long-term thesis for Coursera as a fundamental disruption to an education system which has historically lacked innovation.