Needham Maintains Buy on Wayfair, Raises Price Target to $80
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Anna Andreeva maintains a Buy rating on Wayfair (NYSE:W) and raises the price target from $70 to $80.
July 19, 2023 | 9:42 am
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Needham analyst maintains a Buy rating on Wayfair and raises the price target from $70 to $80. This could potentially lead to an increase in the stock's price.
The raised price target by Needham indicates a positive outlook for Wayfair's stock. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100