Warby Parker shares are trading higher after JMP Securities upgraded the stock from Market Perform to Market Outperform and announced a $20 price target.
Portfolio Pulse from Benzinga Newsdesk
Warby Parker's stock is trading higher following an upgrade by JMP Securities from Market Perform to Market Outperform, with a new price target of $20.
August 23, 2024 | 7:18 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Warby Parker's stock has been upgraded by JMP Securities to Market Outperform, with a new price target of $20, leading to a rise in its share price.
The upgrade by JMP Securities is a positive signal to investors, suggesting confidence in Warby Parker's future performance. The new price target of $20 indicates potential upside, which is likely driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100