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Analyst John Blackledge from TD Cowen maintained a Hold rating on Wayfair (W – Research Report) and keeping the price target at $52.00.
For $29 a year, the online retailer is offering customers free shipping, early access to major sales events and 5% back in rewards on purchases.
Wayfair is launching a new fee-based rewards program that cover purchases across its portfolio of home furnishings brands.
Using data from the American Consumer Satisfaction Index, Stacker ranked 25 major online retailers from worst to best.