Stifel Initiates Coverage On Wayfair with Hold Rating, Announces Price Target of $51
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Kelley has initiated coverage on Wayfair (NYSE:W) with a Hold rating and a price target of $51.
October 17, 2023 | 9:11 am
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Stifel analyst Mark Kelley has initiated coverage on Wayfair with a Hold rating and a price target of $51.
The Hold rating from Stifel indicates that the analyst believes Wayfair's stock is fairly valued at current levels. The price target of $51 suggests that the analyst sees limited upside potential in the short term. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100