JMP Securities Sticks to Its Buy Rating for Nerdy (NRDY)

In a report released today, Andrew Boone from JMP Securities maintained a Buy rating on Nerdy (NRDYResearch Report), with a price target of $6.00. The company’s shares closed yesterday at $2.15.

Boone covers the Technology sector, focusing on stocks such as Duolingo, Shopify, and Snap. According to TipRanks, Boone has an average return of -21.9% and a 25.94% success rate on recommended stocks.

Currently, the analyst consensus on Nerdy is a Moderate Buy with an average price target of $4.60, an 113.95% upside from current levels. In a report released on November 4, J.P. Morgan also maintained a Buy rating on the stock with a $6.00 price target.

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The company has a one-year high of $7.50 and a one-year low of $1.59. Currently, Nerdy has an average volume of 1.36M.

Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

TPG Pace Tech Opportunities Corp is a blank check company.

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