Needham Maintains Buy on Wix.com, Raises Price Target to $130
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Bernie McTernan maintains a 'Buy' rating on Wix.com (NASDAQ:WIX) and raises the price target from $120 to $130.
August 04, 2023 | 3:02 pm
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Needham analyst Bernie McTernan maintains a 'Buy' rating on Wix.com and raises the price target from $120 to $130.
The raised price target by Needham analyst Bernie McTernan indicates a positive outlook for Wix.com. This could potentially lead to an increase in the stock price in the short term as it signals confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100