Deutsche Bank Initiates Coverage On Wayfair with Buy Rating, Announces Price Target of $55
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Lee Horowitz has initiated coverage on Wayfair (NYSE:W) with a Buy rating and set a price target of $55.
November 16, 2023 | 11:49 am
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Deutsche Bank has initiated coverage on Wayfair with a Buy rating and a price target of $55, which could positively influence investor sentiment and the stock's short-term performance.
Analyst ratings, especially from major banks like Deutsche Bank, can significantly impact a stock's performance in the short term. A Buy rating suggests a positive outlook, potentially leading to increased investor confidence and upward price movement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100