Morgan Stanley Maintains Equal-Weight on Wayfair, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Equal-Weight rating on Wayfair (NYSE:W) and raises the price target from $45 to $90.
August 07, 2023 | 3:48 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on Wayfair and raises the price target from $45 to $90, potentially indicating a positive outlook.
The raised price target by Morgan Stanley indicates a positive outlook for Wayfair's stock. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100