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Stock impact report

How The NerdWallet (NRDS) Story Is Shifting With Q4 Beats And Lower Valuation Targets [Yahoo! Finance]

NerdWallet, Inc. (NRDS) 
Company Research Source: Yahoo! Finance
NerdWallet's latest analyst update trims its modeled fair value from US$16.17 to US$15.33, a reduction of about 5.2%, while several Street price targets have also moved to around US$15 to US$18. Analysts tying these changes to recent commentary point to a mix of Q4 outperformance, category level weakness, and valuation resets in their updated views. As you read on, you will see how these shifting targets and narratives fit together and what to watch if you are tracking NerdWallet over time. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value NerdWallet. What Wall Street Has Been Saying ?? Bullish Takeaways Oppenheimer kept an Outperform rating while trimming its price target to US$15, highlighting that NerdWallet exceeded Q4 revenue and EBITDA estimates, with management using performance marketing to capture demand in Loans and Insurance. Truist maintained a Buy rating alongside a move in its price target to U Show less Read more
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