tiprankstipranks
Advertisement
Advertisement

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.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1