BofA lowered the firm’s price target on Wayfair (W) to $50 from $52 and keeps a Neutral rating on the shares. Management points towards “low hanging fruit” to drive share in 2025 that should drive sales and EBITDA growth, but the industry remains tepid and tariffs could cause further disruption, the analyst tells investors in a post-earnings note.
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Read More on W:
- Wayfair price target lowered to $68 from $76 at Canaccord
- Wayfair’s Strategic Growth and Profitability Improvements Justify Buy Rating
- Wayfair’s Mixed Financial Signals: Hold Rating Amid Market Challenges and Strategic Investments
- Wayfair Reports Growth Amid Profitability Gains
- Wayfair’s Resilient Market Position and Cost Efficiency Drive Buy Rating Amid Challenging Conditions