RBC Capital Maintains Outperform on Wix.com, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson has maintained an Outperform rating on Wix.com (NASDAQ:WIX) and increased the price target from $135 to $160.
February 22, 2024 | 4:50 pm
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RBC Capital has reaffirmed its Outperform rating on Wix.com and raised the price target from $135 to $160.
The increase in the price target by RBC Capital suggests a positive outlook on Wix.com's future performance. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100