Citigroup Maintains Buy on Wayfair, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ygal Arounian maintains a Buy rating on Wayfair (NYSE:W) and raises the price target from $65 to $88.
July 28, 2023 | 11:22 am
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POSITIVE IMPACT
Citigroup's analyst Ygal Arounian maintains a Buy rating on Wayfair and raises the price target, reflecting positively on Citigroup's market analysis capabilities.
Citigroup's accurate market analysis and predictions can enhance its reputation in the market, potentially attracting more clients and positively impacting its own stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Citigroup maintains a Buy rating on Wayfair and raises the price target from $65 to $88, which could lead to a positive impact on the stock.
The raised price target by Citigroup indicates a positive outlook for Wayfair's stock. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100