Nerdy, Inc. (NYSE:NRDY) is highlighted as one of the best EdTech stocks to buy now. Cantor Fitzgerald’s Yi Fu Lee maintained a Neutral stance on November 7 but lowered the price target to $1.00 from $1.50, signaling caution following Q3 results. Nerdy reported defensive Q3 results with revenue around $37 million and improved adjusted EBITDA at a $10.2 million loss.

Nerdy, Inc. operates a live-online learning platform through Varsity Tutors, connecting learners with experts for various sessions. While NRDY shows investment potential, certain AI stocks may offer greater upside potential. A report on the best short-term AI stock is recommended for those seeking undervalued options.

Overall, Nerdy’s Q3 results showed improved cost control and narrowed losses compared to the previous year. Cantor Fitzgerald’s lowered price target suggests a cautious sell-side posture.

Read more at Yahoo Finance: Cantor Lowers Nerdy Price Target to $1.00, Maintains Neutral