Jefferies initiates coverage on Wayfair (NYSE:W) with a Buy rating.
The investment firm assigns a price target of $192 to the online retailer to rep 56% upside potential. The all-time high for Wayfair is $197.68.
On Wall Street, there are 12 Buy-equivalent ratings on Wayfair on the books, 13 Hold-equivalent ratings and 3 Sell-equivalent ratings.
Shares of Wayfair are up 0.44% premarket.
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