Benchmark Maintains Buy on Wix.com, Raises Price Target to $130
Portfolio Pulse from jenniferd'souza@benzinga.com
Benchmark analyst Mark Zgutowicz maintains a Buy rating on Wix.com (NASDAQ:WIX) and raises the price target from $120 to $130.
August 11, 2023 | 11:44 am
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Benchmark analyst Mark Zgutowicz maintains a Buy rating on Wix.com and raises the price target from $120 to $130.
The raised price target by Benchmark 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