Form 4 ContextLogic Inc. For: Aug 10 Filed by: Just Brett
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ContextLogic Inc (WISH) PT Lowered to $8 at Stifel
August 13, 2021 6:42 AM EDTStifel analyst Scott W. Devitt lowered the price target on ContextLogic Inc (NASDAQ: WISH) to $8.00 (from $12.00) while maintaining a Hold rating.
The analyst commented, "Wish reported disappointing 2Q results with revenue falling -7% y/y to $656mm, significantly below our $724mm estimate and the... More
JPMorgan Double Downgrades ContextLogic Inc (WISH) to Underweight
August 13, 2021 5:38 AM EDTJPMorgan analyst Doug Anmuth downgraded ContextLogic Inc (NASDAQ: WISH) from Overweight to Underweight with a price target of $5.00 (from $17.00).
The analyst comments "ContextLogic operates Wish, one of the largest global ecommerce platforms, connecting 90M+ MAUs in 100+ countries to 550k+ merchants. WISH targets an underserved... More
