Here's What Analysts Think of Wayfair After Earnings
Wayfair (NYSE: W) reported third-quarter results earlier this week that crushed analyst expectations as consumers continue to buy home furnishing products online during the COVID-19 pandemic. Investors cheered the figures, which showed that repeat customers represented over 70% of total orders. Management is confident that the company can continue its growth trajectory even after the coronavirus crisis is in the rearview mirror.
Wall Street has been reacting to the results, with analysts releasing a slew of research notes and updated valuation estimates. Here's what investors need to know.
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Source Fool.com
