Citi analyst Ygal Arounian upgraded Wayfair (W) to Buy from Neutral with a price target of $93, up from $32, following the Q2 report. The impact of tariffs on the business is less than expected and Wayfair is well positioned to win market share, the analyst tells investors in a research note. The firm believes Wayfair is seeing structural improvements for Castlegate as well as better growth in higher-market brands. The improvements are sustainable, contends Citi.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on W:
- Wayfair upgraded to Buy from Neutral at Citi
- Wayfair Reports Strong Q2 2025 Revenue Growth
- Wayfair price target raised to $84 from $65 at Wells Fargo
- Wayfair’s Strong Market Position and Growth Potential Justify Buy Rating
- Wayfair’s Mixed Signals: Strong Performance Amid Uncertainties Justifies Hold Rating