DA Davidson Upgrades Wayfair (W) to Neutral
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Wayfair (W) PT Raised to $350 at Cowen Due to Ongoing Strength Amid Reopenings, As Well As Revenue Growth
August 6, 2020 8:41 AM EDTCowen analyst John Blackledge raised the price target on Wayfair (NYSE: W) to $350.00 (from $300.00) while maintaining an Outperform rating citing ongoing strength amid reopenings, positive EBITDA, rising gross margins and efficiencies, increased forecasts, and revenue growth driving leverage and profitability.
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