Oppenheimer started coverage on shares of ContextLogic (OTCMKTS:WISH) in a research note released on Monday morning, AnalystRatings.net 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.
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