Mizuho maintains an Outperform rating on Wayfair (W) after the Trump administration delays tariff rate increases until January 1, 2027. Upholstered furniture tariffs remain at 25% instead of increasing to 30%, while kitchen cabinets and vanities stay at 25% instead of going to 50%. Mizuho sees this as positive news for the sector and Wayfair, expecting another rise in share price. Wayfair stock is up 3% in premarket trading to $103.01. This news was first reported on TheFly, the go-to source for real-time financial news. For more top-performing stocks, visit TipRanks.

Read more at Yahoo Finance: Tariff delay brings ‘breathing room’ for Wayfair, says Mizuho