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Fly News Breaks for July 1, 2019
Jul 1, 2019 | 07:02 EDT
Needham analyst Rick Patel initiated Wayfair with a Buy rating and $175 price target. In a research note to investors, Patel says he believes Wayfair will continue to be a disruptor in the Home Goods market, with outsized growth in a massive $600B total addressable market, and feels Wayfair is in the early innings of replicating its domestic success abroad.
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