RBC Capital Maintains Sector Perform on Wayfair, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Steven Shemesh maintains a Sector Perform rating on Wayfair (NYSE:W) but lowers the price target from $65 to $53.
August 02, 2024 | 8:55 pm
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RBC Capital analyst Steven Shemesh maintains a Sector Perform rating on Wayfair but lowers the price target from $65 to $53.
The lowered price target from $65 to $53 by RBC Capital suggests a less optimistic outlook for Wayfair's stock performance, which could lead to a short-term negative impact on the stock price.
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