Piper Sandler analyst Edward Yruma maintained a Buy rating on Warby Parker (WRBY – Research Report) today and set a price target of $22.00. The company’s shares closed yesterday at $12.79.
Yruma covers the Consumer Cyclical sector, focusing on stocks such as TJX Companies, Target, and Burlington Stores. According to TipRanks, Yruma has an average return of 11.3% and a 54.00% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Warby Parker with a $17.67 average price target, a 38.15% upside from current levels. In a report released today, TD Cowen also assigned a Buy rating to the stock with a $17.00 price target.
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WRBY market cap is currently $1.5B and has a P/E ratio of -23.79.
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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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