Wayfair (W) Tops Q2 EPS by 97c

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Go back to Wayfair (W) Tops Q2 EPS by 97c

UBS Upgrades Wayfair (W) to Buy; 'low multiple doesn't price in favorable set-up'

August 7, 2023 4:46 AM EDT

(Updated - August 7, 2023 7:22 AM EDT)

UBS analyst Atul Maheswari upgraded Wayfair (NYSE: W) from Neutral to Buy with a price target of $110.00 (from $72.00).

The analyst commented, "W's low multiple does not fully price in its favorable intermediate term... More