Warby Parker Inc. (WRBY) PT Raised to $15 at UBS

UBS analyst Mark Carden raised the price target on Warby Parker Inc. (NYSE: WRBY) to $15.00 (from $13.00) while maintaining a Neutral rating.

The analyst comments "We believe WRBY's 1Q results showed it is making good progress on a multitude of initiatives, though uncertainty around the return to a normalized purchase cycle & questions about the co.’s long term EBITDA growth potential are likely to act as overhangs on the stock following material outperformance yesterday."

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