UBS lowered the firm’s price target on Coursera (COUR) to $9 from $11 and keeps a Neutral rating on the shares. The firm updated its estimates following the Udemy (UDMY) merger.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COUR:
- Coursera–Udemy: Strategically Compelling Merger Offset by Integration Risks and Limited Valuation Upside, Justifying Hold Rating
- Coursera’s Chief Accounting Officer Resigns
- Coursera Announces Merger Agreement with Udemy
- Udemy downgraded to Hold from Buy at Canaccord
- JPMorgan upgrades Coursera to Overweight on Udemy merger
