Barclays raised the firm’s price target on Waystar (WAY) to $50 from $42 and keeps an Overweight rating on the shares. The company reported better than expected Q4 revenue and EBITDA margin, with revenue driven by higher than seasonal patient payments, the analyst tells investors in a research note. The firm says Waystar’s fiscal 2025 revenue guidance is going up, and if normalized for early revenue starts, would be inline with its low-double-digit growth framework.
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