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The Ratings Game: Wayfair’s customer base jumped ahead by 2 years during COVID, setting the retailer up for long-term growth: Truist

Wayfair Inc. W, -1.78% was upgraded to buy from hold at Truist Securities, with analysts estimating that the e-commerce home goods retailer accelerated its active customer base by two years during the COVID-19 pandemic. Truist raised its price target to $ 375 from $ 315. Wayfair said in its fourth-quarter …

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