Needham Maintains Buy on Nerdy, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan MacDonald maintains a Buy rating on Nerdy (NYSE:NRDY) but lowers the price target from $4 to $2.

August 09, 2024 | 8:36 pm
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Needham analyst Ryan MacDonald maintains a Buy rating on Nerdy but lowers the price target from $4 to $2.
The lowered price target from $4 to $2 suggests a more cautious outlook on Nerdy's future performance, which could negatively impact investor sentiment in the short term despite the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100