NerdWallet price target raised to $17 from $16 at Barclays

Barclays raised the firm’s price target on NerdWallet (NRDS) to $17 from $16 and keeps an Overweight rating on the shares. The company reported strong insurance advertising growth, which drove fairly significant upside in Q3 and into Q4, the analyst tells investors in a research note. The firm says the diversity of NerdWallet’s advertising revenue “is shining through.”