Coursera price target raised to $24 from $22 at KeyBanc

KeyBanc analyst Jason Celino raised the firm’s price target on Coursera to $24 from $22 and keeps an Overweight rating on the shares. Coursera reported solid Q4 results on strength across all three segments and issued modestly higher 2024 revenue growth guidance of roughly 16% on continued Consumer strength, though Enterprise and Degrees outlooks downticked due to ongoing macro pressures, the analyst tells investors in a research note. The firm is encouraged by Coursera’s durable Consumer strength and better profitability outlook.