Brokerages Set Waystar Holding Corp. (NASDAQ:WAY) Target Price at $27.60

Shares of Waystar Holding Corp. (NASDAQ:WAY) have earned an average rating of “Buy” from the eleven research firms that are covering the firm, Marketbeat Ratings reports. Eleven investment analysts have rated the stock with a buy rating. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $27.60.

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Waystar in a research report on Tuesday, July 2nd. They issued a “buy” rating and a $27.00 price objective for the company. William Blair initiated coverage on shares of Waystar in a research report on Tuesday, July 2nd. They set an “outperform” rating for the company. Evercore ISI initiated coverage on shares of Waystar in a research report on Tuesday, July 2nd. They set an “outperform” rating and a $25.00 target price for the company. JPMorgan Chase & Co. initiated coverage on shares of Waystar in a research report on Tuesday, July 2nd. They set an “overweight” rating and a $24.00 target price for the company. Finally, Raymond James initiated coverage on shares of Waystar in a research report on Tuesday, July 2nd. They set an “outperform” rating and a $30.00 target price for the company.

Institutional Investors Weigh In On Waystar

A hedge fund recently bought a new stake in Waystar stock. Peregrine Capital Management LLC acquired a new position in Waystar Holding Corp. (NASDAQ:WAY) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 419,081 shares of the company’s stock, valued at approximately $9,010,000. Peregrine Capital Management LLC owned about 0.25% of Waystar as of its most recent filing with the Securities and Exchange Commission.

Waystar Price Performance

WAY stock opened at $23.00 on Friday. Waystar has a 12 month low of $20.26 and a 12 month high of $24.12.

Waystar Company Profile

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