Seaport Research lowered the firm’s price target on Wix.com (WIX) to $200 from $257 and keeps a Buy rating on the shares. The firm is lowering its price target on the stock following some slowing in business solutions, the analyst tells investors. Seaport maintains its rating on the stock given the expectation for 10%+ long term revenue growth and solid expense discipline.
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Read More on WIX:
- Wix.com price target lowered to $210 from $245 at RBC Capital
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