Wells Fargo analyst Stan Berenshteyn lowered the firm’s price target on Waystar (WAY) to $36 from $41 and keeps an Overweight rating on the shares. Waystar enters 2026 with strong momentum as Iodine integration runs ahead of plan, AI monetization deepens, and bookings / backlog support durable low-double-digit normalized growth with sustained 42% EBITDA margins, the firm argues.
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