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 objective upped by DA Davidson from $15.00 to $17.00 in a report published on Wednesday, Marketbeat.com reports. The firm currently has a buy rating on the stock.

Separately, 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 equities 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 presently has a consensus rating of “Hold” and an average price target of $17.00.

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

Shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares stock opened at $12.18 on Wednesday. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a twelve month low of $9.80 and a twelve month high of $15.19. The company has a 50-day simple moving average of $12.22 and a two-hundred day simple moving average of $11.18.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of WLAC. Goldman Sachs Group Inc. acquired a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 1st quarter valued at approximately $2,844,000. 683 Capital Management LLC bought a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the 1st quarter worth $5,010,000. Gritstone Asset Management LLC acquired a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the 1st quarter worth about $1,997,000. Ghisallo Capital Management LLC bought a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 1st quarter valued at about $5,020,000. Finally, Wealthspring Capital LLC lifted its stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares by 325.3% in the second quarter. Wealthspring Capital LLC now owns 545,062 shares of the company’s stock worth $5,576,000 after acquiring an additional 416,894 shares during the period.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Company Profile

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.