Loop Capital Upgrades Wayfair to Hold, Announces $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Laura Champine has upgraded Wayfair (NYSE:W) from Sell to Hold and announced a $50 price target.
October 16, 2023 | 10:23 am
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Wayfair's stock has been upgraded from Sell to Hold by Loop Capital, with a new price target of $50.
The upgrade from Sell to Hold indicates a more positive outlook on Wayfair's stock by Loop Capital. The new price target of $50 also suggests potential upside for the stock. This could lead to increased investor interest and potentially a short-term increase in the stock price.
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