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Fly News Breaks for February 9, 2018
W
Feb 9, 2018 | 07:29 EDT
Oppenheimer analyst Brian Nagel raised his price target for Wayfair to $105 ahead of the company's Q2 results on February 22. Prospects for a solid earnings report imply a potential near-term positive catalyst for shares, while the market continues to underappreciate the longer term potential of the "unique" Wayfair business model, Nagel tells investors in a pre-earnings research note. He keeps an Outperform rating on the shares.
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 | 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.