Wayfair shares are trading higher after Evercore ISI Group upgraded the stock from In-Line to Outperform and raised its price target from $65 to $80.
Portfolio Pulse from Benzinga Newsdesk
Wayfair's stock price increased following an upgrade by Evercore ISI Group from In-Line to Outperform, with a raised price target from $65 to $80.
April 04, 2024 | 11:08 am
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Wayfair's stock received a positive rating upgrade from Evercore ISI Group, moving from In-Line to Outperform, alongside a price target increase from $65 to $80.
The upgrade by Evercore ISI Group is a strong positive signal to the market, indicating a bullish outlook on Wayfair's stock. The increase in price target from $65 to $80 suggests a significant upside potential, likely leading to increased investor interest and potentially higher stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100