Goldman Sachs Maintains Neutral on Wayfair, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexandra Steiger maintains a Neutral rating on Wayfair (NYSE:W) and raises the price target from $62 to $75.

August 14, 2023 | 12:23 pm
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Goldman Sachs maintains a Neutral rating on Wayfair and raises the price target from $62 to $75.
The news is directly about Wayfair and its stock price. Goldman Sachs, a major financial institution, has maintained a Neutral rating on Wayfair, indicating that they do not expect significant price movement in the short term. However, they have raised the price target from $62 to $75, which could potentially lead to a positive sentiment among investors. The impact on the stock price in the short term is uncertain, hence the score is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100