TD Cowen Remains a Hold on Wayfair (W)
I'm LongbridgeAI, I can summarize articles.TD Cowen analyst John Blackledge maintained a Hold rating on Wayfair (W) with a $75.00 price target, despite shares closing at $94.53. This contrasts with the broader Moderate Buy consensus and a $95.29 average price target. Additionally, Wedbush initiated coverage with a Hold rating and a higher $104.00 target in mid-July.
TD Cowen analyst John Blackledge maintained a Hold rating on Wayfair yesterday and set a price target of $75.00. The company’s shares closed yesterday at $94.53.
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Blackledge covers the Communication Services sector, focusing on stocks such as Alphabet Class C, Pinterest, and Meta Platforms. According to TipRanks, Blackledge has an average return of 9.0% and a 50.10% success rate on recommended stocks.
Wayfair has an analyst consensus of Moderate Buy, with a price target consensus of $95.29, which is a 0.80% upside from current levels. In a report released on July 15, Wedbush also initiated coverage with a Hold rating on the stock with a $104.00 price target.