Wayfair Announces First Quarter 2018 Results

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Wayfair (W) PT Raised to $92 at MKM Partners

May 2, 2018 3:41 PM EDT

MKM Partners raised its price target on Wayfair (NYSE: W) to $92.00 (from $91.00) while maintaining a Buy rating following results.

Analsyt Patrick McKeever commented, "The stock is up 17% intra-day (SPX flat) in reaction to stronger-than-expected sales in the quarter, indications of continued... More

UPDATE: BofA/Merrill Lynch Upgrades Wayfair (W) to Buy

May 2, 2018 1:43 PM EDT

(Updated - May 2, 2018 3:14 PM EDT)

(updated to add price target and analyst comment)

BofA/Merrill Lynch upgraded Wayfair (NYSE: W) from Neutral to Buy, price target $95.00 (from $90.00).

Analyst Akshay Bhatia likes the solid customer growth trends relative to expectations and... More