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Barclays Maintains Waystar Holding(WAY.US) With Buy Rating, Raises Target Price to $36

Futu News ·  Nov 7 01:33  · Ratings

Barclays analyst Stephanie Davis maintains $Waystar Holding (WAY.US)$ with a buy rating, and adjusts the target price from $32 to $36.

According to TipRanks data, the analyst has a success rate of 44.8% and a total average return of -4.5% over the past year.

AnalystRecentRatingAutoNews_85345295382350_20241107_09ed32538ae04d4fa81e3d4a6f427cb1ab16fc83_1731076223987536_nn_en

Furthermore, according to the comprehensive report, the opinions of $Waystar Holding (WAY.US)$'s main analysts recently are as follows:

  • The implied decrease in performance for the fourth quarter is thought to be a result of management's conservative stance, despite anticipation of ongoing competitive advantages over Change.

  • The company's third-quarter revenue and EBITDA significantly exceeded expectations, primarily due to ongoing market share expansion and successful cross-selling initiatives.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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