Coursera price target lowered to $7 from $8 at BMO Capital

BMO Capital analyst Jeffrey Silber lowered the firm’s price target on Coursera (COUR) to $7 from $8 and keeps an Outperform rating on the shares. While Consumer business growth remained solid, the Enterprise environment – particularly C4B – remains challenged, with the Net Retention Rate ticking back down and management cautious on its trajectory in Enterprise this year, the analyst tells investors in a research note.