Goldman Sachs Downgrades Nerdy Inc.(NRDY:NYE) to a Neutral rating

STA Research
by: STA Research

Goldman Sachs Downgrades Nerdy Inc. to a Neutral rating and cuts the target price to $3 from $8 on the company’s stock.

Based on the Nerdy Inc stock forecasts from 6 analysts, the average analyst target price for Nerdy Inc is USD 8.00 over the next 12 months. Nerdy Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Nerdy Inc is Neutral, which is based on 0 positive signals and 0 negative signals. At the last closing, Nerdy Inc’s stock price was USD 2.57Nerdy Inc’s stock price has changed by -17.89% over the past week, -40.92% over the past month and 0% over the last year.

What we like:

There is no particular fundamental attribute that we see as a positive catalyst for this stock.

What we don’t like:

There is nothing we particularly dislike.

 

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