Telsey Advisory analyst Dana Telsey raised the firm’s price target on Warby Parker (WRBY) to $22 from $19 and keeps an Outperform rating on the shares. The company reported Q3 results that saw topline momentum continue and improved its FY24 guidance for the third consecutive quarter, the analyst tells investors. With strong customer economics and a vertically integrated model, firm sees the ability for the company to sustain profitable growth over the long term.
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Read More on WRBY:
- Warby Parker price target raised to $22 from $18 at TD Cowen
- Warby Parker price target raised to $23 from $18 at Baird
- Warby Parker Reports Strong Q3 2024 Revenue Growth
- Warby Parker upgraded to Outperform at William Blair on improved demand outlook
- Warby Parker upgraded to Outperform from Market Perform at William Blair
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