Wells Fargo Upgrades Wayfair to Overweight, Announces $100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem has upgraded Wayfair (NYSE:W) from Underweight to Overweight and set a price target of $100.
August 04, 2023 | 1:41 pm
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Wayfair has been upgraded to Overweight from Underweight by Wells Fargo, with a new price target of $100.
The upgrade from Underweight to Overweight by a Wells Fargo analyst indicates a positive outlook for Wayfair. The new price target of $100 also suggests potential upside for the stock. This could lead to increased investor interest and potentially a short-term increase in the stock price.
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