Barclays' analyst Saket Kalia has revised his outlook on Waystar (WAY, Financial), reducing the firm's price target from $50 to $45. Despite this adjustment, Kalia maintains an Overweight rating on the company's shares.
The change in target price is part of a broader first-quarter preview covering 16 companies that report on-cycle within sectors such as security, design, and vertical software-as-a-service. This indicates continued confidence in Waystar's performance potential, even as the analyst moderates expectations slightly.
