Wayfair (W) PT Raised to $330 at Gordon Haskett
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Wayfair (W) PT Raised to $350 at Cowen Due to Ongoing Strength Amid Reopenings, As Well As Revenue Growth
August 6, 2020 8:41 AM EDTCowen analyst John Blackledge raised the price target on Wayfair (NYSE: W) to $350.00 (from $300.00) while maintaining an Outperform rating citing ongoing strength amid reopenings, positive EBITDA, rising gross margins and efficiencies, increased forecasts, and revenue growth driving leverage and profitability.
The... More
Wayfair (W) Blows Out Q2 EPS as Revenue Rise 84%
August 5, 2020 7:01 AM EDTWayfair (NYSE: W) reported Q2 EPS of $3.31, $2.36 better than the analyst estimate of $0.95. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $4.04 billion.
We are all currently living and operating in uncertain times, which are dominated by the global pandemic as well as pressing social issues. In this environment, Wayfair remains fully committed to supporting our customers,... More
