WRBY is trading 4.5% up at $30.55 after Bank of America initiated coverage with a Buy rating and a $33 price target.
- Analysts highlighted Warby Parker's long-term growth potential as the company evolves into a full-service optical retailer.
- The stock is benefiting from a broader risk-on market sentiment, with major U.S. indices rising over 1%.
- Positive momentum is further supported by an investor rotation into growth and consumer discretionary sectors.