Stephens & Co. Maintains Overweight on Wayfair, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Nicholas Zangler maintains an Overweight rating on Wayfair (NYSE:W) but has lowered the price target from $105 to $75.

November 02, 2023 | 2:27 pm
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Wayfair's price target has been lowered from $105 to $75 by Stephens & Co., though the Overweight rating is maintained.
The lowering of the price target by Stephens & Co. indicates a potential decrease in Wayfair's stock value in the short term. However, the maintained Overweight rating suggests that the company is still expected to outperform the market, which could mitigate some of the negative impact.
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IMPORTANCE 80
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