Wayfair Announces Second Quarter 2024 Results, Reports Best Quarter of Profitability and Cash Flow in Three Years

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Go back to Wayfair Announces Second Quarter 2024 Results, Reports Best Quarter of Profitability and Cash Flow in Three Years

Wayfair (W) PT Lowered to $60 at Truist Securities

August 1, 2024 3:55 PM EDT

Truist Securities analyst Youssef Squali lowered the price target on Wayfair (NYSE: W) to $60.00 (from $70.00) while maintaining a Buy rating.

The analyst comments "We remain constructive on W despite lighter 2Q24 results and 3Q outlook, which reflect softer demand and higher promotional... More

Wayfair (W) PT Lowered to $58 at BMO Capital

August 1, 2024 1:37 PM EDT

BMO Capital analyst Brian J. Pitz lowered the price target on Wayfair (NYSE: W) to $58.00 (from $61.00) while maintaining a Market Perform rating.

The analyst comments "We maintain our Market Perform and lower our target price to $58 from $61 on the following: 1) near-term gross margin... More