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warby parker price target raised amid strong growth and market challenges

UBS analyst Mark Carden raised Warby Parker's price target to $23 while maintaining a Neutral rating, citing a 90% stock return over the past year and significant eCommerce growth. Despite challenges in the macroeconomic environment and potential tariff impacts, the company is expanding its customer base and retail presence, including a partnership with Target. Warby Parker reported fourth-quarter 2024 revenue of $190.6 million, exceeding forecasts, although it missed EPS expectations, prompting JMP Securities to increase its target to $30.
Investing.com South Africa
Warby Parker Inc. USA Mark Cardenas Nicholas Jones
Business & Industry, Market Report
17:45 28.02.2025
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