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Fly News Breaks for February 24, 2017
W
Feb 24, 2017 | 06:18 EDT
As previously reported, Raymond James downgraded Wayfair to Market Perform from Outperform following the Q4 report. Analyst Aaron Kessler said Wayfair guided Q1 direct revenue growth below consensus and sees continued EBITDA losses near-term given continued investments in international, new businesses, categories,and logistics, and views shares are fairly valued at current levels.
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