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Wayfair price target raised to $114 from $105 at JPMorgan

JPMorgan raised the firm’s price target on Wayfair (W) to $114 from $105 and keeps an Overweight rating on the shares. The company’s share gains drove strong sales upside in Q3, the analyst tells investors in a research note. The firm says Wayfair’s path to 10% margins is becoming clearer.

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