ContextLogic (WISH) Receives a Hold from Stifel Nicolaus


Stifel Nicolaus analyst Scott Devitt maintained a Hold rating on ContextLogic (WISH) today and set a price target of $12.00. The company’s shares closed last Thursday at $8.11.

According to TipRanks.com, Devitt is a top 100 analyst with an average return of 33.1% and a 67.6% success rate. Devitt covers the Technology sector, focusing on stocks such as Jumia Technologies AG, Uber Technologies, and Alphabet Class A.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ContextLogic with a $21.86 average price target.

See today’s analyst top recommended stocks >>

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WISH in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

ContextLogic Inc is an online shopping store. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products.

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