Cantor Fitzgerald Maintains Overweight on Nerdy, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Brett Knoblauch has maintained an Overweight rating on Nerdy (NYSE:NRDY) but lowered the price target from $8 to $6.

November 08, 2023 | 5:23 pm
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NEUTRAL IMPACT
Cantor Fitzgerald has maintained an Overweight rating on Nerdy but lowered the price target from $8 to $6.
The news is directly about Nerdy (NRDY). The Overweight rating indicates that Cantor Fitzgerald expects the stock to outperform the market, which is positive. However, the lowering of the price target from $8 to $6 could be seen as a negative signal, indicating lower future expectations. The net impact is neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100