UBS Upgrades Wayfair to Buy, Raises Price Target to $110
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Michael Lasser has upgraded Wayfair (NYSE:W) from Neutral to Buy and raised the price target from $72 to $110.
August 07, 2023 | 9:08 am
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Wayfair has been upgraded from Neutral to Buy by UBS, with a price target increase from $72 to $110.
The upgrade from Neutral to Buy by UBS indicates a positive outlook for Wayfair. The increase in price target from $72 to $110 suggests that the analyst sees significant upside potential for the stock. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
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