Needham Maintains Buy on Wix.com, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan maintains a Buy rating on Wix.com (NASDAQ:WIX) and raises the price target from $150 to $160.
February 22, 2024 | 10:24 am
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Needham analyst Bernie McTernan maintains a Buy rating on Wix.com and raises the price target from $150 to $160.
The increase in the price target by Needham reflects a positive outlook on Wix.com's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100