Truist Securities Starts Waystar Holding (WAY) at Buy

Truist Securities analyst Jailendra Singh initiates coverage on Waystar Holding (NASDAQ: WAY) with a Buy rating and a price target of $45.00.

The analyst comments: "We are initiating coverage of Waystar (WAY) with a Buy rating and a $45 PT. WAY stands to benefit from the evolution that the healthcare payments workflow is currently undergoing where providers are increasingly looking for automated software solutions to reduce administrative burden and improve efficiency. Its multifaceted growth strategy has helped WAY to grow in excess of the provider software solutions market for almost a decade. We believe WAY has approached its 2025 guidance conservatively, and we would not be surprised to see another year of 'Beat and Raise' quarters."

For an analyst ratings summary and ratings history on Waystar Holding click here. For more ratings news on Waystar Holding click here.

Shares of Waystar Holding closed at $35.27 yesterday.

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