Raymond James Reinstates Outperform on Wix.com, Announces $160 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Josh Beck reinstates Wix.com (NASDAQ:WIX) with an Outperform rating and sets a price target of $160.

March 27, 2024 | 11:20 am
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Raymond James reinstates Wix.com with an Outperform rating and a $160 price target.
Analyst ratings, especially from reputable firms like Raymond James, can significantly influence investor sentiment and stock prices. The reinstatement of Wix.com with an Outperform rating and a high price target of $160 suggests a strong bullish outlook for the stock, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100