ContextLogic [NASDAQ:WISH] is a HOLD

Dec 11 - 8 analysts offering 12-month price forecasts for ContextLogic Inc have a median target of 5.00, with a high estimate of 12.00 and a low estimate of 4.00. The median estimate represents a +39.47% increase from the last price of 3.59. 

Wish anticipates a tremendous End of Year Holiday Season sales as digital e-commerceare facing enormous customer buying trends. It’s 3rd Quarter Sales of $313.8 Million has proved resilience in the face of the pandemic. The current consensus among 9 polled investment analysts is to HOLD stock in ContextLogic Inc. This rating has held steady since December, when it was unchanged from a hold rating.

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