Wayfair Announces Third Quarter 2024 Results, Reports Strong Profitability in Tandem with Further Market Share Gains
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Wayfair (W) PT Lowered to $60 at Evercore ISI
November 4, 2024 5:21 AM ESTEvercore ISI analyst Oliver Wintermantel lowered the price target on Wayfair (NYSE: W) to $60.00 (from $65.00) while maintaining a Outperform rating.
The analyst comments "Bottom line: We like mgmts cost cutting efforts AND investments and not just waiting out the currently compressed... More
Wayfair (W) PT Lowered to $46 at Deutsche Bank
November 4, 2024 5:11 AM ESTDeutsche Bank analyst Lee Horowitz lowered the price target on Wayfair (NYSE: W) to $46.00 (from $69.00) while maintaining a Buy rating.
The analyst comments "With expectations coming into Wayfair earnings unequivocally bearish, 3Q revenue declines of only LSD and an outlook of stability into the 4Q was better than feared. That said, with an end market that remains extremely challenged (units were down 6% in the quarter), 4Q... More
Wayfair (W) PT Lowered to $54 at Citi
November 4, 2024 4:59 AM ESTCiti analyst Ygal Arounian lowered the price target on Wayfair (NYSE: W) to $54.00 (from $70.00) while maintaining a Buy rating.
The analyst comments "Wayfair results were mixed as 3Q came in better than investors feared, but 4Q guidance was softer as trends appear incrementally... More
