Barclays Maintains Equal-Weight on Wix.com, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Trevor Young has maintained an Equal-Weight rating on Wix.com (NASDAQ:WIX) and raised the price target from $90 to $100.
August 04, 2023 | 4:02 pm
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Barclays has maintained an Equal-Weight rating on Wix.com and raised the price target from $90 to $100, which could potentially lead to an increase in the stock's price.
The raised price target by Barclays indicates a positive outlook for Wix.com. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
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IMPORTANCE 80
RELEVANCE 100