Advertising + Multi-channel efforts, leading home furnishings e-commerce player Wayfair (NYSE: W) receives a price target upgrade to $100 by institutional investors.
According to the Wise Finance app, online home furnishings e-commerce Wayfair, headquartered in the United States, exceeded Wall Street expectations with 5% sales growth in the second quarter under the heavy pressure of tariffs from the Trump administration and unexpectedly reported GAAP profit. The well-known investment firm Gordon Haskett upgraded its stock rating from "hold" to "buy." With strong performance exceeding expectations, Wayfair's stock price surged more than 12% to around $73 at the close of trading on Monday.
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