Nerdy: Upgraded Tech Platform and Dual Consumer–Institutional Growth Support Buy Rating
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Needham analyst Ryan MacDonald has maintained a Buy rating on Nerdy with a price target of $2.00, citing the company's upgraded technology platform and growth potential. He believes the revamp enhances user engagement and operational efficiency, supporting profitable expansion in both consumer and institutional segments. MacDonald sees partnerships with educational organizations as a significant revenue opportunity, reinforcing his positive outlook on Nerdy's profitability and growth prospects.
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