tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Wix.com price target raised to $200 from $160 at Citizens JMP

Citizens JMP raised the firm’s price target on Wix.com (WIX) to $200 from $160 and keeps an Outperform rating on the shares. While the firm is impressed with one-shot results from Lovable, adding functionality is challenging and Lovable does not easily add functionality to websites, the analyst tells investors in a research note. Citizens expects Wix to reduce its share count heading into its analyst day later this year and highlights Wix as one of its favorite near-term ideas.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1