Wayfair (W) Tops Q1 EPS by 10c

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Go back to Wayfair (W) Tops Q1 EPS by 10c

Wayfair (W) PT Raised to $65 at Baird; 'Q1 Results/Q2 Guidance Reflect Improving Revenue Trends'

May 10, 2017 11:31 AM EDT

Baird raised its price target on Wayfair (NYSE: W) to $65.00 (from $40.00) while maintaining a Neutral rating, following the company's first quarter earnings report.

Analyst Colin Sebastian notes the company produced revenues, earnings per share, gross margin and adjusted EBITDA results above the Street's estimates,... More