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Wix.com price target lowered to $193 from $200 at Seaport Research

Seaport Research analyst Aaron Kessler lowered the firm’s price target on Wix.com (WIX) to $193 from $200 and keeps a Buy rating on the shares. The firm reiterates its rating on the stock due to the expectation of 10%+ long-term revenue growth and solid expense discipline, the analyst tells investors.

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