UBS Initiates Coverage On Warby Parker with Neutral Rating, Announces Price Target of $13
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Mark Carden has initiated coverage on Warby Parker (NYSE:WRBY) with a Neutral rating and a price target of $13.
September 25, 2023 | 9:44 am
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NEUTRAL IMPACT
UBS has initiated coverage on Warby Parker with a Neutral rating and a price target of $13.
The initiation of coverage by UBS with a Neutral rating suggests that the analyst sees the stock as fairly valued at current levels. The price target of $13 provides a reference point for investors, but does not necessarily suggest significant upside or downside. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100