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Wells Fargo maintains 'Overweight' rating on Wayfair(W).
The target price is $65, compare with $50 previously.
[Recent Rating]
| Date | Agency | Change | Rating | Rating (previously) | Target Price | Target Price(previously) |
|---|---|---|---|---|---|---|
| 2025-07-23 | Wells Fargo | Maintains | Overweight | Overweight | $65 | $50 |
| 2025-07-09 | Zelman & Assoc | Maintains | Outperform | Outperform | $72 | $55 |
| 2025-07-02 | Morgan Stanley | Maintains | Overweight | Overweight | $70 | $50 |
| 2025-06-24 | Evercore ISI Group | Maintains | Outperform | Outperform | $60 | $50 |
[Recent Earning Results] Wayfair posted the Q1 of its 2025 financial results on 5/1/2025, reporting total revenue of USD 2730.00 million in the first quarter, up 0.04% from USD 2729.00 million year over year, reporting net income of USD -113.00 million in the first quarter, narrowing 54.44% from USD -248.00 million year over year.
[Company Profile] Wayfair Inc. was incorporated as a Delaware corporation on August 8, 2014. The company is transforming the way people shop for their homes. Through the company's e-commerce business model, the company offers visually inspiring browsing, compelling merchandising, easy product discovery and attractive prices for over seven million products from over 7,000 suppliers across five distinct brands — Wayfair.com, Joss & Main, AllModern, DwellStudio and Birch Lane. Because each of the company's customers has a different taste, style, purchasing goal and budget when shopping for her home, the company has built one of the largest online selections of furniture, home furnishings, decor and goods.
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