Waystar (NASDAQ:WAY) Receives New Coverage from Analysts at Canaccord Genuity Group

Canaccord Genuity Group assumed coverage on shares of Waystar (NASDAQ:WAY) in a research report sent to investors on Tuesday morning, Marketbeat.com reports. The firm issued a buy rating and a $30.00 price target on the stock.

Several other research firms have also commented on WAY. Raymond James initiated coverage on shares of Waystar in a report on Tuesday. They issued an outperform rating and a $30.00 price target for the company. JPMorgan Chase & Co. assumed coverage on Waystar in a research note on Tuesday. They issued an overweight rating and a $24.00 target price for the company. The Goldman Sachs Group began coverage on Waystar in a research report on Tuesday. They set a buy rating and a $32.00 price target on the stock. Evercore ISI began coverage on Waystar in a research report on Tuesday. They set an outperform rating and a $25.00 price objective for the company. Finally, Barclays started coverage on Waystar in a research report on Tuesday. They issued an overweight rating and a $24.00 target price on the stock. Eleven analysts have rated the stock with a buy rating, Based on data from MarketBeat, Waystar presently has an average rating of Buy and an average price target of $27.60.

Waystar Stock Performance

Shares of WAY stock opened at $21.51 on Tuesday. Waystar has a 1-year low of $20.50 and a 1-year high of $23.09.