Barclays Maintains Overweight on Nerdwallet, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler has maintained an Overweight rating on Nerdwallet (NASDAQ:NRDS) but lowered the price target from $18 to $16.
October 27, 2023 | 11:20 am
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Barclays has maintained an Overweight rating on Nerdwallet but lowered the price target from $18 to $16.
The news is directly related to Nerdwallet (NASDAQ:NRDS). Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target from $18 to $16 might create some uncertainty among investors, potentially impacting the stock's short-term performance.
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IMPORTANCE 80
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