Wayfair price target lowered to $50 from $56 at Baird
The Fly

Wayfair price target lowered to $50 from $56 at Baird

Baird lowered the firm’s price target on Wayfair (W) to $50 from $56. The firm said macro headwinds in the Home category remain an overhang for the stock, as are tariff threats. Meanwhile, Wayfair continues to demonstrate improved operating efficiency with tactical investments and focus on innovation.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App