finance.yahoo.com Analyst action
Bernstein upgrades Wayfair to Outperform, raises price target
Investing.com -- Bernstein upgraded Wayfair to Outperform from Market-Perform and raised its price target to $125 from $100, citing stronger revenue growth and improving operating leverage following the company's second-quarter results. The new target implies about 24% upside from Wayfair's Aug. 13 closing price of $101.13. The brokerage said Wayfair's U.S. business was delivering high-single-digit revenue growth despite …