Warby Parker shares are trading higher after Deutsche Bank upgraded the stock from Neutral to Buy and raised its price target from $15 to $18.
Portfolio Pulse from Benzinga Newsdesk
Warby Parker's stock price increased following an upgrade by Deutsche Bank from Neutral to Buy, with a price target raise from $15 to $18.
October 21, 2024 | 12:15 pm
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Deutsche Bank upgraded Warby Parker from Neutral to Buy, raising the price target from $15 to $18, leading to a rise in the stock price.
The upgrade from Deutsche Bank is a positive signal to investors, indicating confidence in Warby Parker's future performance. The increased price target suggests potential for growth, which is likely to attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100