Warby Parker shares are trading higher after Goldman Sachs 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 from Goldman Sachs, which changed its rating from Neutral to Buy and raised the price target from $15 to $18.
October 21, 2024 | 7:40 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs upgraded Warby Parker's stock from Neutral to Buy, raising the price target from $15 to $18, leading to a rise in share price.
The upgrade from a major financial institution like Goldman Sachs typically boosts investor confidence, leading to a positive impact on the stock price. The increased price target also suggests a favorable outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100