Canaccord Genuity Group Initiates Coverage on Waystar (NASDAQ:WAY)

Equities research analysts at Canaccord Genuity Group initiated coverage on shares of Waystar (NASDAQ:WAY) in a report issued on Tuesday, MarketBeat reports. The firm set a “buy” rating and a $30.00 price target on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 39.53% from the company’s previous close.

A number of other equities analysts have also recently weighed in on WAY. Royal Bank of Canada initiated coverage on shares of Waystar in a research report on Tuesday. They set an “outperform” rating and a $27.00 price objective for the company. Barclays started coverage on Waystar in a research report on Tuesday. They set an “overweight” rating and a $24.00 price target for the company. Deutsche Bank Aktiengesellschaft assumed coverage on Waystar in a report on Tuesday. They issued a “buy” rating and a $27.00 price objective on the stock. William Blair assumed coverage on Waystar in a report on Tuesday. They set an “outperform” rating for the company. Finally, Raymond James started coverage on shares of Waystar in a research note on Tuesday. They set an “outperform” rating and a $30.00 price target on the stock. Eleven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $27.60.

Waystar Trading Down 0.0 %

Shares of WAY stock opened at $21.50 on Tuesday. Waystar has a 1-year low of $20.50 and a 1-year high of $23.09.

Waystar Company Profile

Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.