Warby Parker stock jumps on upgrade to Outperform

Shares of Warby Parker (WRBY) rose in early trading after Evercore ISI upgraded its rating on the stock to “outperform.” Analyst Mark Mahaney argues that 2024 “is likely to be an inflection year” for the eyeglass retailer. Mahaney’s $20 price target implies a 50% upside to the stock. Yahoo Finance Live takes a closer look at Mahaney’s call. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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