BofA raised the firm’s price target on Wayfair (W) to $43 from $36 and keeps a Neutral rating on the shares, noting that the U.S. has paused its reciprocal tariffs on virtually all nations and lowered the tariff rate on Chinese goods to 30% from 145%.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on W: