NerdWallet price target raised to $19 from $17 at Barclays

Barclays raised the firm’s price target on NerdWallet (NRDS) to $19 from $17 and keeps an Overweight rating on the shares. Despite headwinds from search optimization traffic declines and category weakness in core businesses, Nerdwallet’s execution is allowing the company to exceed expectations again in Q4, the analyst tells investors in a research note. The firm says the company’s “resilience amidst the environment should be rewarded.”