1.00 % to Target, Credit Suisse Keeps ‘Neutral’ Rating on Wayfair (NYSE:W) Shares Today

February 24, 2018 - By Michael Pereira

 1.00 % to Target, Credit Suisse Keeps ‘Neutral’ Rating on Wayfair (NYSE:W) Shares Today

Investors sentiment increased to 1.63 in 2017 Q3. Its up 0.41, from 1.22 in 2017Q2. It increased, as 27 investors sold Wayfair Inc. shares while 44 reduced holdings. 48 funds opened positions while 68 raised stakes. 58.00 million shares or 1.74% more from 57.01 million shares in 2017Q2 were reported.

Brandywine Investment Mngmt Limited Liability Corporation reported 221,916 shares or 0.09% of all its holdings. Nomura Holdings invested in 6,000 shares or 0% of the stock. The Texas-based Teacher Retirement Systems Of Texas has invested 0% in Wayfair Inc. (NYSE:W). Walleye Trading Lc stated it has 16,572 shares. New York-based Jefferies Group Inc Limited Liability Co has invested 0% in Wayfair Inc. (NYSE:W). 3,454 were reported by Teachers Retirement System Of The State Of Kentucky. Renaissance Technology Limited Liability Corporation reported 930,400 shares. Dimensional Fund Ltd Partnership has invested 0% in Wayfair Inc. (NYSE:W). Moreover, Oppenheimer Asset has 0.01% invested in Wayfair Inc. (NYSE:W). The New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.02% in Wayfair Inc. (NYSE:W). Eventide Asset Ltd owns 565,000 shares. Point72 Asia (Hong Kong) holds 1,675 shares. Allen Inv Mgmt holds 980,000 shares or 3.01% of its portfolio. Northern Trust has 196,808 shares for 0% of their portfolio. Retail Bank Of America Corporation De has invested 0% in Wayfair Inc. (NYSE:W).

Since August 24, 2017, it had 0 insider buys, and 78 sales for $11.60 million activity. The insider Conine Steven sold 906 shares worth $77,934. Another trade for 1,216 shares valued at $97,244 was sold by Shah Niraj. On Monday, January 1 the insider Macri Edmond sold $63,576. The insider Mulliken John Champlin sold 700 shares worth $47,285. $41,208 worth of Wayfair Inc. (NYSE:W) was sold by FLEISHER MICHAEL D. Savarese James had sold 4,606 shares worth $351,668.

Wayfair (NYSE:W) Rating Reaffirmed

The financial company has just set a target of $76 on Wayfair (NYSE:W) shares. This is 1.00 % from the last stock close. In a research note revealed to clients and investors on Friday, 23 February, Credit Suisse kept their Neutral rating on shares of W.

Investors sentiment increased to 1.63 in 2017 Q3. Its up 0.41, from 1.22 in 2017Q2. It increased, as 27 investors sold Wayfair Inc. shares while 44 reduced holdings. 48 funds opened positions while 68 raised stakes. 58.00 million shares or 1.74% more from 57.01 million shares in 2017Q2 were reported.

Brandywine Investment Mngmt Limited Liability Corporation reported 221,916 shares or 0.09% of all its holdings. Nomura Holdings invested in 6,000 shares or 0% of the stock. The Texas-based Teacher Retirement Systems Of Texas has invested 0% in Wayfair Inc. (NYSE:W). Walleye Trading Lc stated it has 16,572 shares. New York-based Jefferies Group Inc Limited Liability Co has invested 0% in Wayfair Inc. (NYSE:W). 3,454 were reported by Teachers Retirement System Of The State Of Kentucky. Renaissance Technology Limited Liability Corporation reported 930,400 shares. Dimensional Fund Ltd Partnership has invested 0% in Wayfair Inc. (NYSE:W). Moreover, Oppenheimer Asset has 0.01% invested in Wayfair Inc. (NYSE:W). The New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.02% in Wayfair Inc. (NYSE:W). Eventide Asset Ltd owns 565,000 shares. Point72 Asia (Hong Kong) holds 1,675 shares. Allen Inv Mgmt holds 980,000 shares or 3.01% of its portfolio. Northern Trust has 196,808 shares for 0% of their portfolio. Retail Bank Of America Corporation De has invested 0% in Wayfair Inc. (NYSE:W).

Since August 24, 2017, it had 0 insider buys, and 78 sales for $11.60 million activity. The insider Conine Steven sold 906 shares worth $77,934. Another trade for 1,216 shares valued at $97,244 was sold by Shah Niraj. On Monday, January 1 the insider Macri Edmond sold $63,576. The insider Mulliken John Champlin sold 700 shares worth $47,285. $41,208 worth of Wayfair Inc. (NYSE:W) was sold by FLEISHER MICHAEL D. Savarese James had sold 4,606 shares worth $351,668.

Wayfair Inc. (NYSE:W) Ratings Coverage

Among 30 analysts covering Wayfair LLC (NYSE:W), 13 have Buy rating, 1 Sell and 16 Hold. Therefore 43% are positive. Wayfair LLC has $112.0 highest and $40 lowest target. $76.73’s average target is 1.97% above currents $75.25 stock price. Wayfair LLC had 84 analyst reports since July 31, 2015 according to SRatingsIntel. Maxim Group maintained it with “Buy” rating and $75 target in Wednesday, May 10 report. Evercore initiated Wayfair Inc. (NYSE:W) rating on Friday, July 31. Evercore has “Buy” rating and $45 target. As per Tuesday, May 2, the company rating was maintained by Maxim Group. The rating was maintained by Credit Suisse with “Neutral” on Friday, February 23. Stifel Nicolaus maintained it with “Buy” rating and $82.0 target in Friday, December 15 report. The firm has “Buy” rating given on Friday, August 25 by Stifel Nicolaus. The company was downgraded on Wednesday, January 31 by Gordon Haskett. On Monday, April 25 the stock rating was initiated by JP Morgan with “Neutral”. Suntrust Robinson initiated the stock with “Neutral” rating in Tuesday, December 22 report. The stock of Wayfair Inc. (NYSE:W) earned “Overweight” rating by Piper Jaffray on Wednesday, June 14.

The stock increased 1.76% or $1.3 during the last trading session, reaching $75.25. About 11.33 million shares traded or 565.99% up from the average. Wayfair Inc. (NYSE:W) has risen 54.80% since February 24, 2017 and is uptrending. It has outperformed by 38.10% the S&P500.

Wayfair Inc. engages in the e-commerce business in the United States and Europe. The company has market cap of $6.61 billion. It operates through two divisions, U.S. and International. It currently has negative earnings. The firm offers approximately eight million products for the home sector under various brands.

More notable recent Wayfair Inc. (NYSE:W) news were published by: Benzinga.com which released: “ICYMI: Wayfair’s Q4, Snapchat Gets Dissed, Cryptos And Semiconductors” on February 22, 2018, also Benzinga.com with their article: “Credit Suisse Boosts Wayfair’s Price Target After Sell-Off” published on February 23, 2018, Fool.com published: “Why Wayfair Inc. Stock Tumbled Today” on February 22, 2018. More interesting news about Wayfair Inc. (NYSE:W) were released by: Benzinga.com and their article: “WayFair Falls 15%, Citron Says Q4 Earnings Affirms Belief Company Is Running A …” published on February 22, 2018 as well as Investorplace.com‘s news article titled: “Wayfair Inc Stock Plunges on Profit Concerns” with publication date: February 22, 2018.

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