Needham Reinstates Buy on Wayfair, Announces $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reinstated a Buy rating on Wayfair (NYSE:W) and set a price target of $60.
October 23, 2024 | 11:08 am
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Needham analyst Bernie McTernan has reinstated a Buy rating on Wayfair and set a price target of $60, indicating a positive outlook for the stock.
The reinstatement of a Buy rating and a $60 price target by Needham suggests a positive sentiment towards Wayfair's stock, likely leading to an increase in investor interest and potential upward movement in the stock price.
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