Barclays Maintains Overweight on Nerdwallet, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler maintains an Overweight rating on Nerdwallet (NASDAQ:NRDS) but lowers the price target from $18 to $16.

August 01, 2024 | 3:44 pm
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Barclays analyst Ross Sandler maintains an Overweight rating on Nerdwallet but lowers the price target from $18 to $16.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100