Cowen initiated coverage on shares of ContextLogic (NASDAQ:WISH) in a research note issued to investors on Monday morning, Anlyst Ratings reports. The brokerage issued an outperform rating on the stock.
Several other analysts have also issued reports on the company. William Blair began coverage on ContextLogic in a research note on Monday. They issued an outperform rating on the stock. Stifel Nicolaus assumed coverage on ContextLogic in a report on Monday. They issued a hold rating and a $22.00 price objective for the company. Credit Suisse Group started coverage on shares of ContextLogic in a report on Monday. They set an outperform rating and a $31.00 price objective on the stock. Oppenheimer reiterated a buy rating and issued a $30.00 target price on shares of ContextLogic in a research note on Monday. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell began coverage on shares of ContextLogic in a research report on Monday. They issued a neutral rating and a $24.00 price target on the stock. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. ContextLogic has an average rating of Buy and an average target price of $25.80.
NASDAQ:WISH opened at $23.92 on Monday. ContextLogic has a 12 month low of $17.41 and a 12 month 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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