Wayfair downgraded to Hold from Buy

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Wayfair (W) shares were downgraded to Hold from Buy at Argus Research. Analyst John Staszak writes in his note that the "company's prospects appear muted amid the current environment of high interest rates and fewer home sales"

Market Domination anchors Josh Lipton and Alexandra Canal discuss the call in the video above.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Stephanie Mikulich.

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