Coursera AI Strategy Wins Points With Analyst, But Market Jitters Linger
JPMorgan analyst Bryan M. Smilek reiterated the Neutral rating on Coursera, Inc. COUR on Friday, raising the price forecast from 8.Yesterday, the company reported first-quarter results where revenues soared 6% year over year to $179.3 million.Consumer demand appears to be steady and may even offer some resilience in a downturn. However, the analyst added that enterprise spending could come under pressure. Nowadays, companies are reducing learning and development budgets due to macroeconomic uncertain ...