Wayfair (W) Misses Q3 EPS by 6c

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Go back to Wayfair (W) Misses Q3 EPS by 6c

Wayfair (W) PT Lowered to $40 at Jefferies

November 4, 2022 8:36 AM EDT

Jefferies analyst Jonathan Matuszewski lowered the price target on Wayfair (NYSE: W) to $40.00 (from $64.00) while maintaining a Hold rating.

The analyst commented, "Consumer fatigue toward the home furnishings category at mass price points is leading management to find incremental sources of expense efficiencies. Between... More