ContextLogic (OTCMKTS:WISH) Research Coverage Started at Oppenheimer

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Oppenheimer started coverage on shares of ContextLogic (OTCMKTS:WISH) in a research note released on Monday morning, reports. The brokerage issued an outperform rating and a $30.00 price objective on the stock. Oppenheimer also issued estimates for ContextLogic’s Q4 2020 earnings at ($3.02) EPS, Q1 2021 earnings at ($0.13) EPS, Q2 2021 earnings at ($0.06) EPS, Q3 2021 earnings at ($0.06) EPS, Q4 2021 earnings at ($0.08) EPS, FY2021 earnings at ($0.33) EPS, FY2022 earnings at ($0.07) EPS, FY2023 earnings at $0.26 EPS, FY2024 earnings at $0.63 EPS and FY2025 earnings at $1.01 EPS.

OTCMKTS WISH opened at $23.92 on Monday. The company has a fifty day simple moving average of $11.94 and a two-hundred day simple moving average of $3.27. ContextLogic has a 12-month low of $17.41 and a 12-month high of $24.75.

About ContextLogic

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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Analyst Recommendations for ContextLogic (OTCMKTS:WISH)

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