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

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) had its price target boosted by Canaccord Genuity Group from $15.00 to $17.00 in a research note released on Wednesday morning,Benzinga reports. Canaccord Genuity Group currently has a buy rating on the stock.

A number of other equities analysts also recently commented on WLAC. DA Davidson raised their price objective 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 report on Wednesday. Weiss Ratings reissued a “sell (d-)” rating on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $17.00.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Stock Up 2.9%

Shares of WLAC opened at $12.18 on Wednesday. The company has a 50-day simple moving average of $12.22 and a 200-day simple moving average of $11.18. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a 52 week low of $9.80 and a 52 week high of $15.19.

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

Institutional Trading of Willow Lane Acquisition Corp. – Class A Ordinary Shares

Several hedge funds have recently modified their holdings of the stock. FNY Investment Advisers LLC bought a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 3rd quarter worth $2,233,000. Yorkville Advisors Global LP bought a new stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the third quarter valued at about $6,033,000. Sona Asset Management US LLC acquired a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the third quarter valued at about $2,316,000. Potrero Capital Research LLC acquired a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the third quarter valued at about $2,631,000. Finally, MASO CAPITAL PARTNERS Ltd bought a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the third quarter worth about $579,000.

About Willow Lane Acquisition Corp. – Class A Ordinary Shares

Willow Lane Acquisition Corp. is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker WLAC. As a blank check vehicle, the company does not conduct operations of its own but instead seeks to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses.

The company was sponsored by Willow Lane Capital Partners, an investment firm with a focus on private equity and corporate development.