BUZZ-Wayfair falls on J.P. Morgan PT cut

Reuters

03-10

BUZZ-<a href="https://laohu8.com/S/W">Wayfair</a> falls on J.P. Morgan PT cut

** Online furniture retailer Wayfair's W.N shares down 3% at $33.96

** Brokerage J.P. Morgan cuts PT to $50 from $63

** Sees W as a "tariff loser" due to sourcing from China and worries that co will lose market share to traditional retailers

** Says W is trending just below flat in QTD sales as Jan and Feb demand was choppy, according to management

** "Wayfair expects 2025 to be the year where the company's investments in competitive differentiation return the business to a state of growth regardless of market conditions" - brokerage

** W stock has fallen 21% YTD including session's moves

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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Morgan PT cut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-03-10 21:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-<a href=\"https://laohu8.com/S/W\">Wayfair</a> falls on J.P. Morgan PT cut </title></head><body><p>** Online furniture retailer Wayfair's <span>W.N</span> shares down 3% at $33.96 </p><p>** Brokerage J.P. Morgan cuts PT to $50 from $63</p><p>** Sees W as a \"tariff loser\" due to sourcing from China and worries that co will lose market share to traditional retailers</p><p>** Says W is trending just below flat in QTD sales as Jan and Feb demand was choppy, according to management</p><p>** \"Wayfair expects 2025 to be the year where the company's investments in competitive differentiation return the business to a state of growth regardless of market conditions\" - brokerage</p><p>** W stock has fallen 21% YTD including session's moves</p><p> (Reporting by Aamir Sohail in Bengaluru)</p><p> ((Aamir.Sohail@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"W","symbol_name":"Wayfair","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nL4N3PT11X:1","article_id":"2518090222","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518090222","pubTimestamp":1741614631,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Wayfair falls on J.P. 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