Telsey Advisory lowered the firm’s price target on Warby Parker (WRBY) to $22 from $30 and keeps an Outperform rating on the shares. The company reported a “solid” Q1, with adjusted EBITDA beating expectations, the analyst tells investors. The firm is moderating its price target given the increased macro uncertainty.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WRBY:
- Warby Parker price target lowered to $20 from $30 at TD Cowen
- Warby Parker Reports Strong Q1 2025 Results
- Warby Parker: Strategic Initiatives and Financial Resilience Underpin Buy Rating
- Warby Parker’s Growth Potential: Strategic Measures and Promising Projections Drive Buy Rating
- Warby Parker lowers FY25 revenue view to $869M-$886M from $878M-$893M