Keybanc Maintains Overweight on Nerdwallet, Lowers Price Target to $20
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Justin Patterson has maintained an Overweight rating on Nerdwallet (NASDAQ:NRDS) but lowered the price target from $22 to $20.
August 04, 2023 | 12:38 pm
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Nerdwallet's price target has been lowered from $22 to $20 by Keybanc, although the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the short-term value of Nerdwallet's stock. However, the maintained Overweight rating suggests that the stock is still expected to outperform.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100