Analyst Expectations for Wix.com's Future
Portfolio Pulse from Benzinga Insights
In the last quarter, Wix.com (NASDAQ:WIX) received 3 bullish, 6 somewhat bullish, and 1 indifferent analyst ratings. Over the past 3 months, 10 analysts have offered 12-month price targets for Wix.com, with an average price target of $111.1. This average price target has increased by 6.83% over the past month.
June 28, 2023 | 6:00 pm
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POSITIVE IMPACT
Wix.com received mostly bullish analyst ratings in the last quarter, which could positively impact its stock price. The average 12-month price target has increased by 6.83% over the past month, indicating increased confidence in the company's performance.
Analyst ratings are a significant factor that investors consider when making investment decisions. The predominantly bullish ratings and increased price target for Wix.com indicate a positive outlook for the company, which could lead to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100