Gordon Haskett Upgrades Wayfair to Buy, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Gordon Haskett analyst Chuck Grom has upgraded Wayfair (NYSE:W) from Hold to Buy and raised the price target from $65 to $110.
August 04, 2023 | 1:36 pm
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Wayfair has been upgraded from Hold to Buy by Gordon Haskett analyst Chuck Grom, with a price target increase from $65 to $110.
The upgrade from Hold to Buy indicates a positive outlook for Wayfair's stock. The significant increase in the price target from $65 to $110 suggests that the analyst expects substantial growth in the stock's value. This could potentially lead to an increase in investor interest and a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100