Scotiabank lowered the firm’s price target on Wix.com (WIX) to $175 from $255 and keeps an Outperform rating on the shares. While it may take some time for the name to start working again, the firm believes the current risk/reward levels remain attractive, the analyst tells investors.
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Read More on WIX:
- Wix.com price target lowered to $190 from $210 at RBC Capital
- Wix.com price target lowered to $135 from $160 at Cantor Fitzgerald
- Wix.com price target lowered to $200 from $230 at B. Riley
- Wix.com price target lowered to $185 from $230 at Benchmark
- Wix.com price target lowered to $181 from $200 at Morgan Stanley