Morgan Stanley Maintains Equal-Weight on Wix.com, Lowers Price Target to $143
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Elizabeth Porter maintains an Equal-Weight rating on Wix.com (NASDAQ:WIX) and lowers the price target from $157 to $143.
April 17, 2024 | 4:50 pm
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Morgan Stanley maintains an Equal-Weight rating on Wix.com and lowers the price target from $157 to $143.
The reduction in price target by Morgan Stanley, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Wix.com's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100