William Blair began coverage on shares of ContextLogic (NASDAQ:WISH) in a report released on Monday, AR Network reports. The brokerage issued an outperform rating on the stock.
Other equities analysts have also issued research reports about the stock. Stifel Nicolaus started coverage on shares of ContextLogic in a report on Monday. They set a hold rating and a $22.00 price target on the stock. Oppenheimer reaffirmed a buy rating and set a $30.00 target price on shares of ContextLogic in a report on Monday. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. ContextLogic presently has a consensus rating of Buy and a consensus price target of $25.80.
NASDAQ:WISH opened at $23.92 on Monday. ContextLogic has a one year low of $17.41 and a one year high of $24.75.
ContextLogic Company Profile
ContextLogic Inc operates as a mobile ecommerce company in Europe, North America, South America, and internationally. It operates Wish, an ecommerce platform that connects merchants and consumers. The company was founded in 2010 and is headquartered in San Francisco, California.
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