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Fly News Breaks for June 2, 2017
W
Jun 2, 2017 | 05:21 EDT
Oppenheimer analyst Brian Nagel upgraded Wayfair to Outperform with an $80 price target. The online home goods retailer closed yesterday up $3.56 to $66.48. The company's sales growth has been reaccelerating lately and its "inventory-light" business model is both powerful and underappreciated, Nagel tells investors in a research note. He views the stock's valuation as "compelling."
News For W From the Last 2 Days
W
Apr 24, 2024 | 13:26 EDT
Bullish option flow detected in Wayfair with 10,218 calls trading, 1.2x expected, and implied vol increasing almost 4 points to 81.40%. May-24 60 puts and Sep-24 60 calls are the most active options, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 0.64. Earnings are expected on May 2nd.
W
Apr 24, 2024 | 12:00 EDT
W
Apr 24, 2024 | 07:31 EDT
TD Cowen raised the firm's price target on Wayfair to $55 from $50 and keeps a Hold rating on the shares. The firm said they expect the company to report revenue and EBITDA slightly below current consensus estimates when it reports earnings.
