Telsey Advisory analyst Dana Telsey lowered the firm’s price target on Warby Parker (WRBY) to $24 from $28 and keeps an Outperform rating on the shares. The company reported a “solid” third quarter, with adjusted EBITDA topping consensus, the analyst tells investors. The firm believes the company has the ability for sustainable profitable growth over the long term due to strong customer economics and its vertically integrated model.
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