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.
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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
