TD Cowen Maintains Hold on Wayfair, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Blackledge maintains a Hold rating on Wayfair (NYSE:W) and raises the price target from $55 to $58.

May 03, 2024 | 8:42 pm
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POSITIVE IMPACT
TD Cowen maintains a Hold rating on Wayfair and raises the price target from $55 to $58.
The increase in the price target by TD Cowen suggests a positive outlook on Wayfair's stock, potentially leading to increased investor confidence and a short-term positive impact on the stock price. The Hold rating indicates a neutral long-term view, but the raised target suggests some optimism.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100