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Fly News Breaks for March 2, 2020
W
Mar 2, 2020 | 07:00 EDT
Credit Suisse analyst Stephen Ju lowered the firm's price target on Wayfair to $110 from $125 and keeps an Outperform rating on the shares. The analyst notes that ongoing headwinds from tariff-related price increases drove lower-than-expected gross margin this quarter, offset by lower OpEx as Wayfair took steps to moderate incremental headcount.
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.
