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Wix.com price target raised to $255 from $250 at Scotiabank

Scotiabank analyst Nat Schindler raised the firm’s price target on Wix.com (WIX) to $255 from $250 and keeps an Outperform rating on the shares. The company’s Q2 results show that Wix.com is leaning into its next phase, specifically one focused more on monetization quality, product attach, and AI-led upsell rather than customer expansion, the analyst tells investors.

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