Wayfair (W) Tops Q1 EPS by 1c

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Cowen Boosts PT on Wayfair (W) to $37 Following 'Solid' Q1 Results

May 12, 2015 9:00 AM EDT

Cowen and Company boosts its price target on Wayfair (NYSE: W) from $34 to $37 and maintains an Outperform rating following Q1 results and outlook.

Analyst John Blackledge commented, W delivered strong topline results with revenues up 52% y/y and 10%/9% better than our / Consensus forecasts.... More