Cowen initiated coverage on shares of ContextLogic (NASDAQ:WISH) in a research note issued to investors on Monday, Anlyst Ratings reports. The firm issued an outperform rating on the stock.
Several other analysts have also recently weighed in on WISH. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell initiated coverage on shares of ContextLogic in a research note on Monday. They issued a neutral rating and a $24.00 price objective on the stock. UBS Group began coverage on ContextLogic in a research report on Monday. They issued a buy rating and a $28.00 price target on the stock. William Blair started coverage on ContextLogic in a research report on Monday. They set an outperform rating for the company. Oppenheimer reaffirmed a buy rating and issued a $30.00 price objective on shares of ContextLogic in a research note on Monday. Finally, Credit Suisse Group assumed coverage on shares of ContextLogic in a research report on Monday. They set an outperform rating and a $31.00 target price for the company. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of $25.80.
Shares of NASDAQ WISH opened at $23.92 on Monday. ContextLogic has a 52-week low of $17.41 and a 52-week high of $24.75.
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.
Read More: What is Forex?
Receive News & Ratings for ContextLogic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ContextLogic and related companies with MarketBeat.com's FREE daily email newsletter.