Warby Parker price target raised to $34 from $32 at BTIG

BTIG analyst Janine Stichter raised the firm’s price target on Warby Parker (WRBY) to $34 from $32 and keeps a Buy rating on the shares after a Q1 beat and guidance reiteration. Following the report, the firm notes that its estimates remain largely unchanged and cites a higher multiple expectation for its raised target given greater visibility into core business stability.