Wayfair (W) PT Raised to $80 at BofA Securities

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Go back to Wayfair (W) PT Raised to $80 at BofA Securities

Evercore ISI Upgrades Wayfair (W) to Outperform

April 4, 2024 5:03 AM EDT

Evercore ISI analyst Oliver Wintermantel upgraded Wayfair (NYSE: W) from In Line to Outperform with a price target of $80.00 (from $65.00).

The analyst comments "Wayfair is trying to look its best for its 10th year as a public company. We want to be there for the party when revenues accelerate and are upgrading the stock to Outperform. We see Wayfair as a market share gainer in a cyclically recovering home furnishing market (fig 6). We believe Ws... More