Morgan Stanley Maintains Equal-Weight on Nerdwallet, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on Nerdwallet (NASDAQ:NRDS) and lowered the price target from $12 to $11.
August 04, 2023 | 6:24 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Nerdwallet and lowered the price target from $12 to $11.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Nerdwallet's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100