Wayfair shares are trading higher after Wedbush raised its price target on the stock to $80.
Portfolio Pulse from Benzinga Newsdesk
Wedbush has raised its price target on Wayfair's stock to $80, leading to an increase in the company's share price.
July 28, 2023 | 5:54 pm
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Wayfair's stock price is trading higher after Wedbush raised its price target to $80.
The increase in Wayfair's stock price is directly related to Wedbush's decision to raise its price target on the stock. This indicates a positive outlook for the company's financial performance, which is likely to attract more investors and further drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100