Guggenheim Maintains Buy on Wayfair, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Steven Forbes has maintained a 'Buy' rating on Wayfair (NYSE:W) but lowered the price target from $100 to $65.
November 02, 2023 | 8:39 pm
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Guggenheim has maintained a 'Buy' rating on Wayfair but lowered the price target from $100 to $65.
The news is directly related to Wayfair and is likely to impact its stock price. While the 'Buy' rating is positive, the lowered price target may cause some investors to reassess their positions, potentially leading to short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100