BTIG raised the firm’s price target on Warby Parker (WRBY) to $28 from $24 and keeps a Buy rating on the shares. The firm views the company’s fiscal Q2 as a “high-quality beat,” with sales momentum building into the start of Q3. BTIG thinks tariffs have catalyzed structural margin improvement at Warby. It sees catalysts for the shares from the company’s partnership with Target and the upcoming launch of artificial intelligence-powered glasses with Google.
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