On Friday, Telsey Advisory Group adjusted its outlook on Coursera Inc (NYSE:COUR), reducing the 12-month price target to $12.00 from $15.00, while retaining an Outperform rating on the shares. The firm’s decision follows a period of slower growth for the online learning platform, which has not met prior expectations.
Sarang Vora, an analyst at Telsey, expressed a mix of sentiments regarding Coursera’s recent performance. While acknowledging some disappointment due to the company’s growth pace, Vora remains optimistic about Coursera’s future.
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