Coursera price target raised to $10 from $9 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Coursera (COUR) to $10 from $9 and keeps an Overweight rating on the shares. Q1 results “easily beat” and the tone and execution across Coursera’s Q1 results and guidance “were actually improved vs. the prior couple of quarters” despite the volatile macro backdrop, the analyst tells investors. The company is “far from ‘in-the-clear’ around macro,” but it is better to have some momentum for “whatever lies ahead,” the analyst added.