Barclays Maintains Overweight on Wix.com, Raises Price Target to $184
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Trevor Young maintains an Overweight rating on Wix.com (NASDAQ:WIX) and raises the price target from $160 to $184.
May 21, 2024 | 3:18 pm
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Barclays analyst Trevor Young has maintained an Overweight rating on Wix.com and increased the price target from $160 to $184, indicating a positive outlook for the stock.
The increase in price target from $160 to $184 by Barclays, along with the maintained Overweight rating, suggests a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100