Oppenheimer Keeps a Buy Rating on Wayfair (W)

In a report released today, Brian Nagel from Oppenheimer maintained a Buy rating on Wayfair (W). The company’s shares closed last Monday at $87.81, close to its 52-week low of $78.61.

According to TipRanks.com, Nagel is a 5-star analyst with an average return of 12.2% and a 70.1% success rate. Nagel covers the Services sector, focusing on stocks such as Urban Outfitters, WW International, and Williams-Sonoma.

Wayfair has an analyst consensus of Moderate Buy, with a price target consensus of $95.00.

See today’s analyst top recommended stocks >>

Based on Wayfair’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $272 million. In comparison, last year the company had a GAAP net loss of $144 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Wayfair, Inc. engages in an online home furnishing store. It offers a selection of home furnishings and decor across all styles and price points. It operates through the U.S. and International segments.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts