Needham Reiterates Buy on Wix.com, Maintains $150 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan reiterates a Buy rating on Wix.com (NASDAQ:WIX) and maintains a $150 price target.

February 21, 2024 | 11:33 am
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Needham analyst Bernie McTernan reiterates a Buy rating on Wix.com with a $150 price target.
The reiteration of a Buy rating and maintenance of a $150 price target by a reputable analyst like Bernie McTernan could instill confidence in investors, potentially leading to a positive short-term impact on Wix.com's stock price. Analyst ratings, especially from well-regarded financial institutions like Needham, can significantly influence investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100