JP Morgan Maintains Overweight on Wayfair, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers maintains an Overweight rating on Wayfair (NYSE:W) but lowers the price target from $80 to $63.

August 02, 2024 | 9:46 pm
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JP Morgan analyst Christopher Horvers maintains an Overweight rating on Wayfair but lowers the price target from $80 to $63.
The lowered price target from $80 to $63 suggests a less optimistic outlook for Wayfair's stock performance, which could lead to a short-term negative impact on the stock price despite the maintained Overweight rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100