W stock price forecast with increased institutional ownership

With increased institutional ownership reported, the "W stock price forecast" projects resilience against short-term market corrections, holding potential to reach fresh 52-week highs. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Sector rotation into consumer-facing equities adds fuel to the "W stock price forecast", with potential for a sustained rally above its 200-day moving average, marking a shift in long-term trend bias.