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Stock impact report

Wayfair (W) Positioned to Expand Margins [Yahoo! Finance]

Wayfair Inc. Class A (W) 
Last wayfair inc. class a earnings: 2/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.wayfair.com
Company Research Source: Yahoo! Finance
The firm maintained its Buy rating on the shares, which still offer an upside potential of almost 40% despite the downward revision. Citi revised its projections following the company's fourth-quarter announcement, emphasizing home goods sector volatility as a key reason for the reduced price target. However, Citi acknowledged Wayfair's better-than-expected first-quarter guidance, which indicates the company's strong ability to capture market share and expand margins. On February 24, David Bellinger from Mizuho reduced the price target on Wayfair Inc. (NYSE:W) from $130 to $110, implying an upside of almost 40%. The analyst maintained his Outperform rating on the stock. The revision came after Wayfair Inc. (NYSE:W) released its fourth quarter report. The company did not give specific numbers for Q1-to-date trends, but according to the analyst the environment is “pretty soft”. Wayfair (W) Positioned to Expand Margins Copyright: johnkasawa / 123RF Stock Photo Wayfair Inc. (N Show less Read more
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