On Oct 31, major Wall Street analysts update their ratings for $NerdWallet (NRDS.US)$, with price targets ranging from $15 to $18.
Morgan Stanley analyst Michael Infante maintains with a hold rating, and adjusts the target price from $14 to $15.
Barclays analyst Ross Sandler maintains with a buy rating, and adjusts the target price from $16 to $17.
Oppenheimer analyst Jed Kelly maintains with a buy rating, and maintains the target price at $18.
KeyBanc analyst Justin Patterson maintains with a buy rating.
Truist Financial analyst Youssef Squali maintains with a buy rating, and sets the target price at $18.
Furthermore, according to the comprehensive report, the opinions of $NerdWallet (NRDS.US)$'s main analysts recently are as follows:
NerdWallet has demonstrated robust growth in its insurance advertising sector, which contributed to considerable positive results in the third quarter extending into the fourth. It has been observed that the varied sources of NerdWallet's advertising revenue are becoming increasingly apparent.
NerdWallet reported a strong quarter, with revenues growing by 25% year-over-year and Q3 non-GAAP Operating Margin percentage hitting a record high of 12%. There is confidence in a return to mid-teen growth rates, with an anticipation of continual margin enhancements as the overall economic conditions ameliorate.
Here are the latest investment ratings and price targets for $NerdWallet (NRDS.US)$ from 5 analysts:
Note:
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