logo
Wedbush Sticks to Their Hold Rating for Wayfair (W)

Wedbush Sticks to Their Hold Rating for Wayfair (W)

Wedbush analyst Scott Devitt maintained a Hold rating on Wayfair today and set a price target of $70.00. The company's shares closed today at $73.48.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Devitt covers the Consumer Cyclical sector, focusing on stocks such as CarMax, eBay, and Amazon. According to TipRanks, Devitt has an average return of 12.5% and a 51.93% success rate on recommended stocks.
In addition to Wedbush, Wayfair also received a Hold from Truist Financial's Youssef Squali in a report issued today. However, on the same day, William Blair maintained a Buy rating on Wayfair (NYSE: W).
W market cap is currently $8.37B and has a P/E ratio of -22.81.
Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of W in relation to earlier this year.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Mizuho Lifts Occidental (OXY) Price Target but Holds Neutral Rating
Mizuho Lifts Occidental (OXY) Price Target but Holds Neutral Rating

Yahoo

time5 minutes ago

  • Yahoo

Mizuho Lifts Occidental (OXY) Price Target but Holds Neutral Rating

Occidental Petroleum Corporation (NYSE:OXY) is one of the 12 Best American Energy Stocks to Buy Right Now. On July 14, Mizuho increased its price target for Occidental Petroleum Corporation (NYSE:OXY) from $58 to $65 and kept a Neutral rating on the stock. Mizuho expects the company to miss the consensus EBITDA estimates by about 8% in Q2 2025. This miss is attributed to the front-weighted capital spending, which significantly impacted free cash flow. Mizuho projects the free cash flow to be about 53% below street expectations. Oil derricks in the background with a few workers in the foreground, emphasizing the company's oil and gas production activities. According to Mizuho's review of Occidental Petroleum Corporation's (NYSE:OXY) recent 8-K filing, the company is seeing a slight impact on oil volumes in the Gulf of America, some strength in oil and liquids pricing, and weakness in US natural gas realizations. The firm attributed the expected miss in free cash flow primarily to heavy spending during the quarter, with about 55% of the 2025 budget allocated to the first half of the year. Based on the previous commentary by the company's management, Mizuho believes these headwinds are not expected to continue into the second half of 2025. Occidental Petroleum Corporation (NYSE:OXY) is an American multinational energy company with assets primarily in the United States, the Middle East, and North Africa. The company is one of the largest oil and gas producers in the US. While we acknowledge the potential of OXY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Performing AI Stocks So Far in 2025 and 12 Most Owned Stocks by Hedge Funds So Far in 2025. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

UBS Raises ConocoPhillips (COP) Price Target, Keeps Buy Rating
UBS Raises ConocoPhillips (COP) Price Target, Keeps Buy Rating

Yahoo

time5 minutes ago

  • Yahoo

UBS Raises ConocoPhillips (COP) Price Target, Keeps Buy Rating

ConocoPhillips (NYSE:COP) is one of the 12 Best American Energy Stocks to Buy Right Now. On July 11, UBS increased its price target for ConocoPhillips (NYSE:COP) from $111 to $115 while keeping a Buy rating. UBS noted that even though ConocoPhillips (NYSE:COP) delivered a positive operational update with its Q1 2025 results, the stock performance was hindered because of concerns about the company's capital return program. An underground network of pipelines transporting oil through an expansive terrain. The firm believes that if ConocoPhillips (NYSE:COP) has another strong quarter, it could improve investor confidence. UBS pointed out that 'this bandaid now ripped off' regarding capital return concerns. UBS also expects ConocoPhillips (NYSE:COP) to see an improvement in free cash flow as long-cycle spending starts to decrease in the second half of 2025. ConocoPhillips (NYSE:COP) is an American energy company that ranks among the world's largest independent oil and gas exploration and production companies based on production and proved reserves. While we acknowledge the potential of COP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Performing AI Stocks So Far in 2025 and 12 Most Owned Stocks by Hedge Funds So Far in 2025. Disclosure: None. This article is originally published at Insider Monkey.

BellRing Brands, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights
BellRing Brands, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights

Business Wire

time6 minutes ago

  • Business Wire

BellRing Brands, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights

LOS ANGELES--(BUSINESS WIRE)-- The DJS Law Group announces that it is investigating claims on behalf of investors of BellRing Brands, Inc. ('BellRing' or 'the Company') (NYSE: BRBR) for violations of the securities laws. INVESTIGATION DETAILS: The investigation focuses on whether the Company issued misleading statements and/or failed to disclose information pertinent to investors. BellRing released its Q3 financial results on August 5, 2025, announcing disappointing performance and narrowing its full-year guidance. Based on this news, shares of BellRing fell by 32.55% on the same day. If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store