Wayfair price target raised to $100 from $80 at Stifel

Stifel raised the firm’s price target on Wayfair (W) to $100 from $80 and keeps a Hold rating on the shares. Multiple quarters of revenue growth acceleration and margin improvements have re-rated the stock, which the firm views as “warranted,” but it believes “we’re now bumping the higher end of the valuation range,” the analyst tells investors in a post-earnings note.