COUR - Coursera higher after rush of bull ratings arrive
Coursera (COUR) trades higher after attracting a mix of mostly bull ratings as analyst coverage begins on the online learning platform. Bull ratings are in on Coursera from Morgan Stanley (Overweight), D.A. Davidson (Buy, $55 PT), UBS (Buy, $54 PT) and Needham (Buy, $56 PT), while Raymond James is more cautious with an initiation at Market Perform. Morgan Stanley's summary on Coursers: "Coursera's strong Consumer platform positions the company to scale its Enterprise and Degrees segments, addressing some of the fastest growing portions of the multi-trillion $ global education market. We see a clear path to 25% LT growth, not in the price." Telsey's summary: "We believe Coursera, an online education platform, is in the early stages of multi-year global expansion supported by the industry shift toward online education and its unique business model that attracts learners via a freemium approach, followed by upselling premium content through a revenue share
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Coursera higher after rush of bull ratings arrive