Goldman Sachs Maintains Neutral on Wayfair, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexandra Steiger maintains a Neutral rating on Wayfair (NYSE:W) and raises the price target from $35 to $55.
July 17, 2023 | 12:21 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Wayfair and raises the price target from $35 to $55.
The news is directly about Wayfair and its stock price. Goldman Sachs, a major financial institution, has maintained a Neutral rating on Wayfair, indicating that they do not expect the stock to outperform or underperform the market in the short term. However, they have raised the price target from $35 to $55, which could indicate a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100