Expert Ratings For Warby Parker
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Warby Parker (NYSE:WRBY) with recent ratings showing a trend towards 'Somewhat Bullish'. The average 12-month price target has increased to $17.83. Warby Parker has shown strong revenue growth but faces challenges in profitability and asset utilization.
August 23, 2024 | 12:01 pm
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Analysts have mixed views on Warby Parker with a trend towards 'Somewhat Bullish'. The average 12-month price target has increased to $17.83, indicating positive sentiment. However, the company faces challenges in profitability and asset utilization despite strong revenue growth.
The increase in the average price target to $17.83 and the trend towards 'Somewhat Bullish' ratings suggest a positive short-term outlook for WRBY. The company's strong revenue growth supports this sentiment. However, challenges in profitability and asset utilization may temper expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100