Scotiabank maintains Coursera at Sector Perform, lowers price target to $4.50 from $7

What happened

Scotiabank kept Coursera at Sector Perform, a neutral rating, and cut its price target to $4.50 from $7, a 35.7% decrease. The new target implies 29.7% upside from the October 30 close of $3.47.

Confirmed

Global impact / market context

A lower price target signals the analyst expects less upside, which can dampen investor interest in the stock. Other firms still list targets of $5 to $7, so Scotiabank now sits well below that range, shaping how buyers and sellers judge the shares.

Analyst inference

Analyst notes over the past 30 days show a mixed picture: two Outperform ratings, two Neutral ratings and one downgrade, with targets from $5 to $7. Scotiabank's cut stands out as the lowest target, which may pressure near-term positioning in Coursera shares.

Analyst inference

What to watch

1. Watch whether Scotiabank's $4.50 target, the lowest among recent analyst notes, holds or changes in future updates. This reflects the analyst's view of the stock's limited upside. Confirmed
2. Watch for new analyst ratings or target changes from other firms, which could shift the $5 to $7 range that currently surrounds Coursera's shares. Proposed
3. Watch the share price against the $3.47 close and $4.50 target, since closing that gap would test whether the analyst's cautious view was too negative. Analyst inference

Evidence

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