Waystar price target lowered to $36 from $42 at Barclays

Barclays lowered the firm’s price target on Waystar (WAY) to $36 from $42 and keeps an Overweight rating on the shares post the Q4 report. With the “AI narrative casting a cloud over all things software” and Waystar’s valuation, the Q4 report “should help alleviate some pressure on the shares – restoring some confidence,” the analyst tells investors in a research note.