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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.

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