Waystar Holding Corp. (NASDAQ:WAY) Receives $27.60 Consensus Target Price from Analysts

Shares of Waystar Holding Corp. (NASDAQ:WAY) have been assigned a consensus rating of “Buy” from the eleven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Eleven investment analysts have rated the stock with a buy rating. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $27.60.

A number of research firms recently weighed in on WAY. Deutsche Bank Aktiengesellschaft began coverage on shares of Waystar in a research note on Tuesday, July 2nd. They issued a “buy” rating and a $27.00 target price on the stock. Barclays assumed coverage on shares of Waystar in a research note on Tuesday, July 2nd. They set an “overweight” rating and a $24.00 price objective on the stock. Raymond James assumed coverage on shares of Waystar in a research note on Tuesday, July 2nd. They set an “outperform” rating and a $30.00 price objective on the stock. Canaccord Genuity Group assumed coverage on shares of Waystar in a research note on Tuesday, July 2nd. They set a “buy” rating and a $30.00 price objective on the stock. Finally, William Blair assumed coverage on shares of Waystar in a research note on Tuesday, July 2nd. They set an “outperform” rating on the stock.

Institutional Trading of Waystar

An institutional investor recently bought a new position in Waystar stock. Peregrine Capital Management LLC acquired a new stake in Waystar Holding Corp. (NASDAQ:WAY) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 419,081 shares of the company’s stock, valued at approximately $9,010,000. Peregrine Capital Management LLC owned 0.25% of Waystar at the end of the most recent reporting period.

Waystar Stock Down 1.4 %

NASDAQ WAY opened at $23.00 on Friday. Waystar has a twelve month low of $20.26 and a twelve 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.