Truist Securities Maintains Buy on Wayfair, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali maintains a Buy rating on Wayfair (NYSE:W) and raises the price target from $52 to $53.
May 25, 2023 | 1:38 pm
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Truist Securities maintains a Buy rating on Wayfair and raises the price target from $52 to $53.
The raised price target by Truist Securities indicates a positive outlook for Wayfair's stock. This news is directly related to Wayfair and is important for investors as it reflects the analyst's confidence in the company's performance. The Buy rating suggests that the stock is expected to perform well in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100