UBS Initiates Coverage On Wix.com with Buy Rating, Announces Price Target of $125
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Chris Kuntarich has initiated coverage on Wix.com (NASDAQ:WIX) with a Buy rating and a price target of $125.
September 22, 2023 | 9:44 am
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UBS has initiated coverage on Wix.com with a Buy rating and a price target of $125, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. A Buy rating from a reputable institution like UBS, coupled with a price target of $125, indicates a positive outlook for Wix.com. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
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