BMO Capital Maintains Market Perform on Wayfair, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz maintains a Market Perform rating on Wayfair (NYSE:W) and raises the price target from $57 to $61.
May 03, 2024 | 3:35 pm
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POSITIVE IMPACT
BMO Capital maintains a Market Perform rating on Wayfair and raises the price target from $57 to $61.
The increase in the price target by BMO Capital suggests a positive outlook on Wayfair's stock performance in the short term. This adjustment reflects an analyst's confidence in the company's potential to perform closer to the new target, likely influencing investor sentiment positively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100