Evercore ISI Group Upgrades Warby Parker to Outperform, Announces $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Mark Mahaney has upgraded Warby Parker (NYSE:WRBY) from In-Line to Outperform and set a price target of $20.
October 03, 2023 | 10:02 am
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POSITIVE IMPACT
Warby Parker has been upgraded to Outperform by Evercore ISI Group with a price target of $20.
The upgrade from Evercore ISI Group is a positive signal for Warby Parker. The new rating of 'Outperform' suggests that the analyst believes the company will do better than the market average. This, combined with the price target of $20, indicates an expectation of growth in the company's stock price. This could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100