Coursera price target raised to $23 from $21 at Needham

Needham raised the firm’s price target on Coursera to $23 from $21 and keeps a Buy rating on the shares after the company delivered “strong” Q4 results. The certificate strategy, combined with tailwinds from GenAI interest, continues to translate into strong consumer segment results, while the enterprise segment remains buoyed by C4G and C4C amidst continued challenges in C4B, the analyst tells investors in a research note.