Wayfair Inc (NYSE:W) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 21, 2016
Having a price of $42.06, Wayfair Inc (NYSE:W) traded 1.07% higher on the day. With the last close up 5.28% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Wayfair Inc has recorded a 50-day average of $40.27 and a two hundred day average of $40.38. Volume of trade was down over the average, with 206,118 shares of W changing hands under the typical 1,442,070
Zacks Investment Research has upgraded Wayfair Inc (NYSE:W) to Hold in a statement released on Wednesday September 21, 2016.
With a total market value of $0, Wayfair Inc has with a one year low of $28.85 and a one year high of $50.00 .
A total of 13 analysts have released a research note on Wayfair Inc. zero analysts rating the company a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally zero equity analysts rating the company a sell with a one year target of $54.08.
Brief Synopsis About Wayfair Inc (NYSE:W)
Wayfair Inc. (Wayfair) offers browsing, merchandising, product discovery and prices for a range of products from suppliers across various brands, including Wayfair.com, Joss & Main, AllModern, DwellStudio and Birch Lane. The Company offers a range of furniture, home furnishings, decor and goods. Wayfair produces editorial content both in-house and through third parties. The Company offers its suppliers a real-time view of its demand and inventory needs via data and analytics. The Company's Wayfair.com is its mass-market brand that focuses on offering a range of home furnishings and decor. Joss & Main is the Company's online flash sales site. AllModern is an online destination for original design for home enthusiasts. DwellStudio is an online design studio for home furnishings. Birch Lane is a destination for home designs. Wayfair also focuses on retail partners. Wayfair Media Solutions helps manufacturers, retailers and other advertisers market to its consumer audience.
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