Piper Sandler Maintains Overweight on Wix.com, Raises Price Target to $130
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Clarke Jeffries maintains an Overweight rating on Wix.com (NASDAQ:WIX) and raises the price target from $120 to $130.
August 10, 2023 | 8:05 am
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POSITIVE IMPACT
Piper Sandler maintains an Overweight rating on Wix.com and raises the price target from $120 to $130. This could potentially lead to an increase in the stock's price.
The raised price target by Piper Sandler 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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100