Canaccord lowered the firm’s price target on Waystar (WAY) to $47 from $50 and keeps a Buy rating on the shares. The firm said their results delivered upside to both revenue and EBITDA and further solidified Waystar as one of their 2025 focus names and a favorable outlook heading into the quarterly report. Canaccord said they left 1Q even more optimistic on the opportunity that exists.
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