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Cantor Lowers Nerdy Price Target to $1.00, Maintains Neutral
Yahoo Finance· 2025-11-13 18:38
Nerdy, Inc. (NYSE:NRDY) is one of the best EdTech stocks to buy now. On November 7, Cantor Fitzgerald’s Yi Fu Lee maintained a Neutral stance but took the price target down to $1.00 from $1.50. That follows his August adjustment from $1.75 to $1.50. The sequence frames a cautious but watchful sell-side posture following Q3. Nerdy reported Q3 results on November 6 that leaned defensive but operationally cleaner: revenue came in at about $37 million, roughly flat year over year, while adjusted EBITDA impro ...