Goldman Sachs Maintains Neutral Rating for Wayfair: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Goldman Sachs has maintained its Neutral rating for Wayfair (NYSE:W) and increased its price target from $62.00 to $75.00. Wayfair's shares are currently trading at $73.15, up 0.41% over the last 24 hours. A move to $75.00 would represent a 2.53% increase from the current share price.
August 11, 2023 | 5:00 pm
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Goldman Sachs maintains its Neutral rating for Wayfair and raises its price target. This could potentially lead to a slight increase in Wayfair's stock price.
Goldman Sachs, a major financial institution, has maintained its Neutral rating for Wayfair and raised its price target. This indicates that they believe the company's stock is fairly valued at the moment, but they see potential for a slight increase in the future. This could influence investor sentiment and lead to a slight increase in Wayfair's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100