Wayfair shares are trading higher after multiple analysts raised their price targets on the stock. The company on Wednesday said QTD gross revenue is strengthening.
Portfolio Pulse from Benzinga Newsdesk
Wayfair shares are trading higher after several analysts raised their price targets on the stock, following the company's announcement of strengthening QTD gross revenue.
June 08, 2023 | 4:54 pm
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Wayfair's stock price is trading higher after multiple analysts raised their price targets, following the company's announcement of strengthening QTD gross revenue.
The article states that Wayfair shares are trading higher after multiple analysts raised their price targets on the stock. This is a direct result of the company's announcement of strengthening QTD gross revenue. The positive sentiment from analysts and the improved financial performance are likely to have a short-term positive impact on Wayfair's stock price.
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