-
BofA Cites Growth Deceleration, Elevated Expenses, Valuation In Neutral Turn On Wayfair
Thursday, September 13, 2018 - 2:39pm | 351Online home goods retailer Wayfair Inc (NYSE: W)'s fundamentals are likely to deteriorate in 2019, sending a Bank of America Merrill Lynch analyst to the sidelines. The Analyst Analyst Akshay Bhatia downgraded Wayfair from Buy to Neutral and increased the price target from $130 to $160,...
-
Wayfair's Better-Than-Expected Q1 Turns BofA Bullish
Thursday, May 3, 2018 - 10:50am | 383Wayfair Inc (NYSE: W) first-quarter results affirm the company's status as a formidable player in the home goods space, according to Bank of America Merrill Lynch. The Analyst BofA's Akshay Bhatia upgraded Wayfair from Neutral to Buy with a price target lifted from $90 to $95...
-
Analyst: Tougher 2018 Setup Likely To Weigh On Wayfair
Wednesday, January 3, 2018 - 6:05pm | 385Wayfair Inc (NYSE: W) shares moved up nearly 130 percent in 2017, but one Wall Street analyst projects a deceleration in growth for the e-commerce name. The Analyst Bank of America Merill Lynch’s Akshay Bhatia downgraded Wayfair from Buy to Neutral and increased the price target from...