Raymond James Reinstates Outperform on Nerdy, Announces $5.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Aaron Kessler has reinstated Nerdy (NYSE:NRDY) with an Outperform rating and announced a price target of $5.5.
August 28, 2023 | 9:05 am
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POSITIVE IMPACT
Raymond James has reinstated Nerdy with an Outperform rating and a price target of $5.5, which could positively impact the stock's performance.
The reinstatement of an Outperform rating by a reputable analyst like Aaron Kessler from Raymond James is a positive signal for Nerdy. The set price target of $5.5 also indicates a positive outlook for the stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100