Wells Fargo analyst Alec Brondolo upgraded Wix.com (WIX) to Equal Weight from Underweight with a price target of $176, up from $169. The firm notes Wix.com has underperformed since reporting disappointing Q4 EPS and the second half of the year weighed 2025 guide. Now trading at 13-turns 2026 free cash flow vs ex-COVID average of 24-turns, risk to 2025 seems priced in, Wells argues. Looking forward, the firm sees pricing opportunity in 2026 and low tariff impact.
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