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Fly News Breaks for January 31, 2018
W
Jan 31, 2018 | 07:18 EDT
Gordon Haskett analyst Chuck Grom downgraded Wayfair to Accumulate from Buy, though he raised his price target on the shares to $100 from $95. He believes it is important to remain disciplined with the stock at an all-time high, though Grom notes the rating change should not be interpreted as a concern for near-term sales trends, which he believes appear strong.
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