Wayfair Inc (W) Receives a Hold from Wells Fargo

In a report released today, Zachary Fadem from Wells Fargo maintained a Hold rating on Wayfair Inc (W), with a price target of $123.00. The company’s shares closed last Monday at $112.79.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 12.7% and a 69.3% success rate. Fadem covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Floor & Decor Holdings Inc, and Advance Auto Parts.

Wayfair Inc has an analyst consensus of Moderate Buy, with a price target consensus of $149.08.

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The company has a one-year high of $173.72 and a one-year low of $76.60. Currently, Wayfair Inc has an average volume of 2M.

Based on the recent corporate insider activity of 215 insiders, corporate insider sentiment is neutral on the stock.

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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.