Citizens JMP raised the firm’s price target on Wix.com (WIX) to $210 from $200 and keeps an Outperform rating on the shares. Base44 is taking traffic share from other AI coding tools and is on a path to $100M of annual recurring revenue in 2026, the analyst tells investors in a research note. The firm thinks Wix continues to operate well, independent of Base44.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WIX:
- Squarespace for Pros introduces clear competitor for Wix’s Studio, says Barclays
- Wix Completes $1.15 Billion Convertible Notes Offering
- Wix Upsizes Convertible Senior Notes Offering to $1 Billion
- Broadridge to launch improved website creation tools with Wix
- Wix Announces $750 Million Convertible Notes Offering