Coursera price target raised to $25 from $20 at Loop Capital

Loop Capital raised the firm’s price target on Coursera to $25 from $20 and keeps a Buy rating on the shares. The company reported another strong quarter with its largest business segment, Consumer, continuing to show accelerating growth, the analyst tells investors in a research note. The underlying macro conditions are providing counter-cyclical tailwinds to the Coursera Consumer business segment, and its Degrees business should also benefit from these counter-cyclical tailwinds next year, the firm added.