On May 1, 2025, Canaccord Genuity confirmed its "Buy" rating for Waystar Holding (WAY, Financial), a company listed on the NASDAQ. The rating was maintained by analyst Richard Close, reaffirming the firm's positive outlook on the company.
In addition to maintaining the stock rating, Canaccord Genuity has made adjustments to its price target for Waystar Holding (WAY, Financial). The price target was lowered from $50.00 to $47.00, representing a 6% decrease. This adjustment reflects updated expectations for the company's future financial performance.
The action indicates Canaccord Genuity's continued confidence in Waystar Holding's (WAY, Financial) market position, even as the revised price target suggests a slightly more conservative outlook on growth. Investors may still find opportunities in the stock, given the maintained "Buy" rating.
