JP Morgan Maintains Neutral on Wix.com, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Alexei Gogolev maintains a Neutral rating on Wix.com (NASDAQ:WIX) but raises the price target from $148 to $195.
May 29, 2024 | 12:06 pm
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JP Morgan analyst Alexei Gogolev maintains a Neutral rating on Wix.com but raises the price target from $148 to $195.
The raised price target from $148 to $195 by a reputable analyst at JP Morgan suggests a positive outlook for Wix.com, which could lead to a short-term increase in stock price despite the Neutral rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100