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Fly News Breaks for February 16, 2018
W
Feb 16, 2018 | 08:36 EDT
DA Davidson analyst Tom Forte raised his price target on Wayfair to $86 to reflect the recent 50% appreciation in the stock price since the company reported Q3 earnings, answering investors' concerns about its ability to generate profitable sales. The analyst keeps his Neutral rating on the stock ahead of Q4 results and Q1 outlook, citing lofty expectations. Forte adds that he will pay close attention to the Wayfair comments on international market expansion, investment spending, and profitability.
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.