Wayfair (W) PT Raised to $90 at Morgan Stanley

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Wayfair (W) multiple doesn't price in set-up, market will be surprised by profit upside - UBS

August 7, 2023 8:32 AM EDT

UBS shifted its rating for Wayfair (NYSE: W) to Buy from Neutral, raising the price target to $110 from $72 in a note to clients Monday.

Analyst Atul Maheswari told investors in a note that the e-commerce company's low multiple "does not fully price in its favorable... More