Mizuho analyst David Bellinger says multiple sources are reporting that large format furniture and home furnishings retailer At Home is close to a bankruptcy filing. Shares of Wayfair (W) traded higher yesterday, in part due to this development and some recent reprieve around tariff rates, the analyst tells investors in a research note. Mizuho believes Wayfair is best positioned within its coverage to pick up any displaced revenues from an At Home bankruptcy.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on W:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue