Wayfair price target raised to $32 from $30 at Citi

Citi analyst Ygal Arounian raised the firm’s price target on Wayfair (W) to $32 from $30 and keeps a Neutral rating on the shares. The firm says the Q1 print and positive demand commentary indicate a “still fine operating environment for now” for Wayfair. However, Citi believes the market is yet to feel potential headwinds from tariffs, as the company’s second half of 2025 uncertainty remains largely unchanged.