May 28 (Reuters) - Healthcare payments company Waystar said on Tuesday it was targeting a valuation of up to $3.83 billion in its initial public offering in the United States.

Louisville, Kentucky-based Waystar joins a clutch of companies looking to tap into improving investor appetite for new listings amid increasing hopes of a soft landing for the economy.

The company is aiming to raise up to $1.04 billion by offering 45 million shares at a price range of $20 to $23 apiece.

Waystar will list on the Nasdaq Global Select Market under the symbol "WAY".

J.P. Morgan Securities, Goldman Sachs and Barclays Capital are the lead underwriters for the IPO.

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Krishna Chandra Eluri)