Wedbush Maintains Outperform on Wayfair, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains an Outperform rating on Wayfair (NYSE:W) but lowers the price target from $70 to $60.
August 02, 2024 | 1:36 pm
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Wedbush analyst Seth Basham maintains an Outperform rating on Wayfair but lowers the price target from $70 to $60.
The Outperform rating suggests continued confidence in Wayfair's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100