Coursera, Inc. (COUR) experienced a significant pre-market surge of 5.18%, reflecting increased investor confidence in the online education platform.
The price movement appears to be driven by a series of positive analyst actions. Needham reaffirmed its Buy rating on Coursera with a price target of $14.00, while RBC Capital also maintained its Buy rating for the stock. Additionally, Telsey Advisory Group maintained its Outperform rating on Coursera, and Needham separately maintained a $10.00 price target for the company's shares.
These analyst endorsements, coming from multiple reputable firms, suggest continued confidence in Coursera's business prospects and may have contributed to the pre-market buying activity.