Ca$htag$: Wayfair (W)

Megan Brantley from Likefolio examines Wayfair’s (W) recent tear higher and analyst upgrades. “It’s probably a bit too far, too fast,” she says. She also notes that app data looks worse than web data for Wayfair and compares it to consumer interest in competitors. Megan also thinks Wayfair customers are not impressed with their quality, and its novelty status has worn off.

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