WISH is now a shadow of the company that was rumored that Amazon offered $10 billion all-cash to buy it and Wish's CEO didn`t agree! Now its value is 3.454Bil and two weeks ago it was even lower.
But the holidays are coming and all ecommerce platforms will benefit from that.
Except for Oppenheimer, who downgraded WISH to Underperform setting a price target of $4.00, the others are more optimistic: Citigroup gives a neutral rating with a price target of 7.5usd, while Credit Suisse Group targets 19usd per share. My target is the 9.4 resistance by the end of the year.
i`m looking forward to read your opinion about it.