Citigroup Maintains Neutral on Nerdwallet, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Peter Christiansen has maintained a Neutral rating on Nerdwallet (NASDAQ:NRDS) and increased the price target from $11 to $16.

January 12, 2024 | 8:20 pm
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Citigroup has maintained a Neutral rating on Nerdwallet but raised the price target from $11 to $16, indicating a positive outlook on the company's valuation.
The increase in price target from $11 to $16 by Citigroup reflects an improved valuation assessment of Nerdwallet, which could lead to increased investor interest and a potential rise in the stock price in the short term. The Neutral rating suggests that the stock is fairly valued at its current price, but the raised target indicates that Citigroup sees some upside potential.
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