Wayfair price target raised to $105 from $82 at JPMorgan

JPMorgan raised the firm’s price target on Wayfair (W) to $105 from $82 and keeps an Overweight rating on the shares ahead of the Q3 report on October 28. The firm believes the company’s marketplace model positions it as a “tariff winner.” The “flattish” category trends after three years of decline should further amplify Wayfair’s share gains, the analyst tells investors in a research note.