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Wayfair (W) Rallies 30% as Sales Growth Hits Post-Pandemic High
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We saw the best sequential growth we’ve seen in a Q2 since the second quarter of 2020.
Higher Price TargetsWayfair Inc. (NYSE:W) has earned price target upgrades from several analysts after and before its second quarter earnings call.
MoffettNathanson, for its part, raised its price target for the company by 46.5 percent to $63 from $43 previously, albeit remaining neutral about the stock.
Meanwhile, UBS raised its price target by 2.6 percent to $118 from $115 last week, prior to the results, while maintaining a buy recommendation.
For its part, RBC upped its price target to $78 from $76, while keeping a sector perform rating.