Canaccord Genuity Group Raises Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) Price Target to $17.00

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) had its price target boosted by stock analysts at Canaccord Genuity Group from $15.00 to $17.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 43.58% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on WLAC. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in a research note on Wednesday, October 8th. DA Davidson upped their target price on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.00.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Price Performance

WLAC stock opened at $11.84 on Wednesday. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a 1 year low of $9.80 and a 1 year high of $15.19. The firm has a 50-day moving average of $12.23 and a 200 day moving average of $11.17.

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) last posted its earnings results on Wednesday, November 12th. The company reported $0.05 earnings per share for the quarter.

Hedge Funds Weigh In On Willow Lane Acquisition Corp. – Class A Ordinary Shares

Institutional investors and hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. purchased a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the first quarter valued at approximately $2,844,000. 683 Capital Management LLC purchased a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 1st quarter worth approximately $5,010,000. Gritstone Asset Management LLC bought a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 1st quarter valued at approximately $1,997,000. Ghisallo Capital Management LLC bought a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 1st quarter valued at approximately $5,020,000. Finally, Wealthspring Capital LLC boosted its stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares by 325.3% during the 2nd quarter. Wealthspring Capital LLC now owns 545,062 shares of the company’s stock valued at $5,576,000 after purchasing an additional 416,894 shares during the last quarter.

About Willow Lane Acquisition Corp. – Class A Ordinary Shares

Willow Lane Acquisition Corp. is a blank check company, which engages for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on July 3, 2024 and is headquartered in New York, NY.