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Fly News Breaks for November 12, 2019
W
Nov 12, 2019 | 21:31 EDT
Barclays analyst Adrienne Yih initiated coverage of Wayfair with an Underweight rating and $76 price target. The analyst points to the company's slowing sales growth with tariff uncertainty impacting pricing, the need for continued investment in human capital, advertising, and infrastructure, and the erosion of profitability given its "variable cost model".
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