NerdWallet price target raised to $15 from $14 at KeyBanc

KeyBanc raised the firm’s price target on NerdWallet (NRDS) to $15 from $14 and keeps an Overweight rating on the shares. The firm notes NerdWallet reported a solid Q1 and raised full-year profitability expectations. With traffic showing signs of stabilization and NerdWallet’s diversified model driving healthy revenue growth, KeyBanc believes the company’s market share gains are becoming clearer.