Form 4 Wayfair Inc. For: Aug 01 Filed by: Netzer Thomas
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Wayfair (W) PT Raised to $60 at Stifel on 'Soft' Results
August 4, 2022 3:39 PM EDTStifel analyst Scott Devitt raised the price target on Wayfair (NYSE: W) to $60.00 (from $55.00) while maintaining a Hold rating following "soft" results.
The analyst commented, "Wayfair reported 2Q revenue ahead of consensus expectations (-15% y/y) and adj. EBITDA margin (-3.3%) generally in line... More
