Goldman Sachs Maintains Neutral on Nerdy, Raises Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Nerdy (NYSE:NRDY) and raised the price target from $3.75 to $5.

August 10, 2023 | 1:30 pm
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POSITIVE IMPACT
Goldman Sachs has maintained a Neutral rating on Nerdy and raised the price target from $3.75 to $5. This could potentially lead to a positive market reaction.
The raised price target by Goldman Sachs indicates a higher valuation for Nerdy, which could lead to a positive market reaction in the short term. However, the Neutral rating suggests that the stock is fairly valued at the moment, which might limit the upside potential.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100