Morgan Stanley Maintains Equal-Weight on Nerdwallet, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette maintains an Equal-Weight rating on Nerdwallet (NASDAQ:NRDS) and raises the price target from $14 to $15.
October 30, 2024 | 5:34 pm
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Morgan Stanley has maintained its Equal-Weight rating on Nerdwallet and increased the price target from $14 to $15, indicating a slightly positive outlook.
The increase in price target from $14 to $15 by Morgan Stanley suggests a slightly positive outlook for Nerdwallet. The maintenance of an Equal-Weight rating indicates that the stock is expected to perform in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100