NerdWallet price target lowered to $14 from $17 at Barclays

Barclays lowered the firm’s price target on NerdWallet (NRDS) to $14 from $17 and keeps an Overweight rating on the shares following the earnings report. The company continues to execute well in a volatile backdrop, the analyst tells investors in a research note. However, the firm believes NerdWallet shares will likely remain range-bound until the company “gets back to beat-and-raise.”