Wayfair Inc (W) Gets a Hold Rating from Wells Fargo

Wells Fargo analyst Zachary Fadem maintained a Hold rating on Wayfair Inc (WResearch Report) today and set a price target of $140. The company’s shares opened today at $129.15.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 11.5% and a 70.4% success rate. Fadem covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Floor & Decor Holdings Inc, and Advance Auto Parts.

Wayfair Inc has an analyst consensus of Moderate Buy, with a price target consensus of $165.80.

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The company has a one-year high of $173.72 and a one-year low of $76.60. Currently, Wayfair Inc has an average volume of 1.44M.

Based on the recent corporate insider activity of 253 insiders, corporate insider sentiment is neutral on the stock.

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Wayfair, Inc. engages in an online home furnishing store. It offers a selection of home furnishings and decor across all styles and price points. It operates through the U.S. and International segments.