Needham Maintains Buy on Wix.com, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan maintains a Buy rating on Wix.com (NASDAQ:WIX) and raises the price target from $160 to $190.
May 21, 2024 | 9:30 am
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Needham analyst Bernie McTernan maintains a Buy rating on Wix.com and raises the price target from $160 to $190.
The raised price target from $160 to $190 by a reputable analyst suggests increased confidence in the company's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100