Maxim analyst Tom Forte says that despite Wayfair's Q2 results, he remains impressed by its ability to take significant share in the home category. Further, Forte believes Wayfair's near-term investments to offer more products on a two-day shipping basis and its international expansion efforts will "bear fruit" and help the company to further disrupt the home category. The analyst reiterates a Buy rating on the stock and lowered his price target on the shares to $49 from $50. In afternoon trading, Wayfair's stock has dropped over 19% to $39.07 per share.