Canaccord Genuity Maintains Buy on Wayfair, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Maria Ripps maintains a Buy rating on Wayfair (NYSE:W) and raises the price target from $86 to $98.
August 04, 2023 | 1:57 pm
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Canaccord Genuity maintains a Buy rating on Wayfair and raises the price target from $86 to $98. This could potentially lead to an increase in the stock's price.
The raised price target by Canaccord Genuity indicates a positive outlook for Wayfair's stock. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, an increase in its price.
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IMPORTANCE 80
RELEVANCE 100