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Wayfair (W) PT Lowered to $92 at Piper Jaffray on 'Sales Tax, Competition, Ad Spend'

April 3, 2018 6:27 AM EDT

Piper Jaffray lowered its price target on Wayfair (NYSE: W) to $92.00 (from $112.00) while maintaining a Overweight rating, following an update to the company's outlook.

Analyst Peter Kim notes a cautious outlook on the shares, as W waits for results from a pending Supreme... More