Information Provided By:
Fly News Breaks for March 3, 2020
W
Mar 3, 2020 | 06:35 EDT
Berenberg analyst Graham Renwick lowered the firm's price target on Wayfair to $50 from $60 and keeps a Sell rating on the shares. After "underwhelming" Q4 results, Wayfair again warned that Q1 sales will "sharply" decelerate, margins will deteriorate and capex demands will rise, Renwick tells investors in a post-earnings research note. The analyst sees further downside to consensus forecasts and sentiment "should the market doubt that Wayfair can ever make money.:
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.