Piper Sandler Maintains Overweight on Wayfair, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Peter Keith maintains an Overweight rating on Wayfair (NYSE:W) but lowers the price target from $91 to $67.

August 02, 2024 | 2:18 pm
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Piper Sandler maintains an Overweight rating on Wayfair but lowers the price target from $91 to $67, indicating a more cautious outlook.
The lowered price target from $91 to $67 suggests a more cautious outlook on Wayfair's future performance, which could negatively impact the stock price in the short term despite the maintained Overweight rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100