Wayfair (W) Tops Q2 EPS by 20c

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Go back to Wayfair (W) Tops Q2 EPS by 20c

Wayfair (W) PT Raised to $73 at Baird

August 8, 2017 1:20 PM EDT

Baird raised its price target on Wayfair (NYSE: W) to $73.00 (from $65.00) while maintaining a Neutral rating following solid Q2 results due to healthy market share gains.

"While expense timing helped Q2/hurt Q3 margins, we are increasing our 2017/2018 revenue estimates, and correspondingly our price target to $73," analyst Colin Sebastian said.

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