Morgan Stanley Maintains Equal-Weight on Warby Parker, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Kimberly Greenberger has maintained an Equal-Weight rating on Warby Parker (WRBY) and increased the price target from $13 to $14.
May 10, 2024 | 3:56 pm
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POSITIVE IMPACT
Morgan Stanley has maintained its Equal-Weight rating on Warby Parker but raised the price target from $13 to $14, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive reassessment of Warby Parker's value, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100