Coursera price target raised to $8.50 from $7.50 at UBS

UBS raised the firm’s price target on Coursera (COUR) to $8.50 from $7.50 and keeps a Neutral rating on the shares. The firm sees shares as “stuck” — with a new CEO entering the picture, talks of changing strategy, and no numerical guidance for fiscal 2025 — until there is more visibility, the analyst tells investors in a research note. The volatility in growth rates and quarterly changes in trends make it tough to model, and the firm would like to see more consistency before getting constructive on shares, even at a depressed valuation, UBS says.