Wells Fargo Resumes Wayfair (W) at Market Perform

Wells Fargo analyst Zachary Fadem resumes coverage on Wayfair (NYSE: W) with a Market Perform rating and a price target of $150.00.

The analyst comments "While our long term bias skews favorable, profit visibility has proven elusive, growth investments remain robust, and we believe valuation is topping out absent a bottom line inflection."

For an analyst ratings summary and ratings history on Wayfair click here. For more ratings news on Wayfair click here.

Shares of Wayfair closed at $143.96 yesterday.

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