Stifel Nicolaus Sticks to Its Hold Rating for Wayfair (W)
Stifel Nicolaus analyst Mark Kelley maintained a Hold rating on Wayfair today and set a price target of $85.00.
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According to TipRanks, Kelley is a 5-star analyst with an average return of 20.3% and a 56.81% success rate. Kelley covers the Communication Services sector, focusing on stocks such as Trade Desk, Meta Platforms, and Alphabet Class A.
Currently, the analyst consensus on Wayfair is a Moderate Buy with an average price target of $107.00.
Based on Wayfair’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.34 billion and a GAAP net loss of $116 million. In comparison, last year the company earned a revenue of $3.12 billion and had a GAAP net loss of $128 million
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