B of A Securities Reinstates Buy on Wix.com, Announces $126 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Michael McGovern has reinstated a Buy rating on Wix.com (NASDAQ:WIX) with a price target of $126.
December 08, 2023 | 12:20 pm
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POSITIVE IMPACT
B of A Securities analyst Michael McGovern reinstated Wix.com with a Buy rating and set a price target of $126.
The reinstatement of a Buy rating by a major analyst like Michael McGovern, coupled with a significant price target of $126, is likely to instill confidence in investors and could lead to a short-term increase in WIX's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100