Why Analysts Rate Wayfair Stock a ‘Buy’
The majority of the analysts that cover Wayfair (W) have maintained a “buy” rating on the stock. On June 8, Oppenheimer raised the price target to $120.00 from the $105.00 projected earlier. Currently, analysts’ 12-month average target price for Wayfair stock is $87.76, which reflects a 22.9% downside to the stock price as of June 19.