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Truist Reaffirms Buy Rating on Wayfair (W) After Management Meeting
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Truist Securities reiterated its Buy rating and $120 price target for Wayfair Inc. (W) following a meeting with company management. Analyst Youssef Squali expressed positive views on Wayfair's future, anticipating continued market share gains and revenue growth in FY2026, regardless of broader market dynamics. The reaffirmation follows Wayfair's strong financial performance, including a significant increase in adjusted EPS and revenue growth year-over-year.
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