JMP Securities Maintains Market Outperform on Wix.com, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone maintains a Market Outperform rating on Wix.com (NASDAQ:WIX) and raises the price target from $114 to $130.
September 01, 2023 | 12:26 pm
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POSITIVE IMPACT
JMP Securities maintains a Market Outperform rating on Wix.com and raises the price target from $114 to $130.
The news of JMP Securities maintaining a Market Outperform rating on Wix.com and raising the price target from $114 to $130 is likely to have a positive impact on the stock price in the short term. This is because the raised price target indicates the analyst's increased confidence in the company's performance, which could attract more investors to the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100