In a report released today, Edward Yruma from Piper Sandler assigned a Buy rating to Warby Parker (WRBY – Research Report), with a price target of $22.00. The company’s shares opened today at $10.89.
According to TipRanks, Yruma is a 5-star analyst with an average return of 9.6% and a 48.86% success rate. Yruma covers the Consumer Cyclical sector, focusing on stocks such as TJX Companies, Etsy, and Warby Parker.
In addition to Piper Sandler, Warby Parker also received a Buy from BTIG’s Janine Stichter in a report issued yesterday. However, today, Citi maintained a Hold rating on Warby Parker (NYSE: WRBY).
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The company has a one-year high of $18.99 and a one-year low of $9.50. Currently, Warby Parker has an average volume of 1.12M.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WRBY in relation to earlier this year.
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Warby Parker (WRBY) Company Description:
Warby Parker Inc is engaged in designing and development of designer prescription glasses and contacts to eye exams and vision tests.
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