Goldman Sachs Maintains Neutral Rating for Wayfair: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Goldman Sachs has maintained its Neutral rating for Wayfair (NYSE:W) and increased its price target from $35.00 to $55.00. Wayfair's shares are currently trading at $71.82, which is 3.32% higher than the previous day. A move to $55.00 would represent a 23.42% decrease from the current share price.
July 17, 2023 | 5:00 pm
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Goldman Sachs has maintained its Neutral rating for Wayfair and raised its price target. This could potentially lead to a decrease in Wayfair's share price.
Goldman Sachs, a major financial institution, has maintained its Neutral rating for Wayfair and raised its price target. This suggests that they do not expect significant growth or decline in Wayfair's stock in the near future. However, the raised price target is still lower than the current trading price, which could potentially lead to a decrease in the share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100