Wayfair price target lowered to $43 from $50 at RBC Capital

RBC Capital lowered the firm’s price target on Wayfair (W) to $43 from $50 and keeps a Sector Perform rating on the shares after its Q4 results. The company continues to manage cost effectively, but visibility into a top-line inflection remains low, the analyst tells investors in a research note. RBC is reducing its FY25 revenue view to $11.95B from $12.17B and FY26 view to $12.68B from $13.18B to reflect continued uncertainty and the Germany exit, the firm added.