Wedbush slashes Wayfair price target ahead of expected earnings disappointment (NYSE:W)

JHVEPhoto/iStock Editorial via Getty Images Wayfair (NYSE:W) stock surged on Monday despite the expectation of a disappointing earnings report voiced by Wedbush analyst Seth Basham. “We remain sidelined on [Wayfair] (W) into 2Q22 earnings on Thursday, August 4,” he told clients. “While industry retail sales growth continued to increase 3% y/y in 2Q22, our checks, … Read more