** Wedbush downgrades online furniture retailer Wayfair W.N to "neutral" from "outperform"
** Brokerage sees limited room for Wayfair to re-accelerate slowing share gains in 2025; also notes downside risk from tariffs given company's high exposure to imports and a price-sensitive mass market customer base
** Despite easy comparisons (for home furnishings industry), "we expect slightly below trend growth due to a back-half weighted housing growth outlook, muted consumer confidence to buy big-ticket durables and downside risks from possible tariffs" - Wedbush analyst Seth Basham
** Wedbush adds luxury furniture retailer RH RH.N to its best ideas list on company's new gallery efforts, limited exposure to China and a more affluent customer base less impacted by inflation
** Wayfair stock fell 28% in 2024, while RH gained 35%
(Reporting by Juveria Tabassum in Bengaluru)
((Juveria.Tabassum@thomsonreuters.com))
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