Coursera jumps after Q1 results beat

Shares of e-learning platform Coursera COUR.N jump 12.4% at $8.65, trading at more than two-month highs

Co posts Q1 adj. EPS of 12 cents vs analysts' expectations of 8 cents - data compiled by LSEG

Q1 revenue of $179.30 mln beats Wall Street estimate of $175.40 mln

J.P.Morgan raises PT to $8 from $7, says emergence of AI and transformation of higher education driving shift towards online education and skills market

RBC raises PT to $10 from $8; believes pandemic has created lasting tailwinds for co, sees room for more educational degrees to be fully online

At least three brokerages raise their PTs on the stock

Nine analysts rate stock "buy" or higher, four "hold" and two "sell"; median PT is $10 -LSEG

Including current session moves, COUR up 1.9% YTD