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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100