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RBC Capital maintains Coursera at Outperform, lowers price target to $5 from $7
RBC Capital kept its Outperform rating on Coursera but cut its price target to $5 from $7, a 28.6% decrease. The new target implies 7.3% upside from the October 29 close at $4.66.
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What happened
RBC Capital kept its Outperform rating on Coursera but cut its price target to $5 from $7, a 28.6% decrease. The new target implies 7.3% upside from the October 29 close at $4.66.
Confirmed
Global impact / market context
A lower target cuts the profit RBC expects from Coursera shares even while it stays positive. The stock closed near $4.66, so the $5 goal leaves little room, which may make investors question how much further the price can rise.
Analyst inference
Other recent analyst notes show targets from $5 to $6, with JPMorgan and Keybanc downgrading on October 30. That cluster of cautious moves suggests analysts are trimming expectations for Coursera rather than turning negative outright.
Analyst inference
What to watch
- RBC's $5 target and Outperform rating are now on record, so compare future targets and ratings to see whether other analysts follow with cuts. Confirmed
- Watch whether Coursera's next reported revenue and costs support the $5 target, since weak results could push analysts to lower targets again. Proposed
- Track whether the stock trades near the $4.66 close or approaches $5, because a small implied gain means investors may need stronger company results to push shares higher. Analyst inference
Evidence
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