BofA analyst Allen Lutz raised the firm’s price target on Waystar (WAY) to $51 from $43 and keeps a Buy rating on the shares after the company exceeded Street estimates by “a significant margin” on both revenue and EBITDA in Q4. 2025 revenue guidance contemplating 6-8% growth is likely conservative given the exit-rate at the end of the year, but also likely below investor expectations, contends the analyst, who raised the firm’s multiple to reflect accelerating metrics, including NRR and customers generating at least $100,000.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WAY:
- Waystar price target raised to $50 from $42 at Barclays
- Waystar Holding Corp. Receives Buy Rating Amid Strong Q4 Performance and Growth Potential
- Waystar Holding Corp. Shows Strong Fiscal Growth in 2024
- Waystar’s Strong Q4 Earnings Highlight Record Growth
- Waystar files to sell 18M shares of common stock