Wayfair, headquartered in Boston, is an online home furnishing store with 14,400 employees, offering products under house brands and operating in the U.S. and internationally. The company went public on October 2, 2014.
W has been in the news recently: Citigroup upgraded Wayfair to a "buy" rating and raised its price target by $61 to $93, highlighting the company's potential for a 27% upside. Following the release of strong second-quarter earnings, Wayfair's shares increased over 12.5%, reporting a profit of 11 cents compared to a loss of 34 cents the previous year.
📡️ Consumer Discretionary
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