Wayfair Announces First Quarter 2021 Results

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Wayfair (W) PT Lowered to $350 at Jefferies

May 7, 2021 7:32 AM EDT

Jefferies analyst Jonathan Matuszewski lowered the price target on Wayfair (NYSE: W) to $350.00 (from $360.00) while maintaining a Buy rating.

The analyst commented, "Spending on the home remains elevated in states with high vaccination rates, and Wis the best way to play this... More