UPDATE: Piper Sandler Downgrades Wix.com (WIX) to Underweight
Tweet
Share
E-mail
Get Alerts WIX Hot Sheet
Price: $76.06 +3.17%
Rating Summary:
22 Buy, 15 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 13 | New: 26
Rating Summary:
22 Buy, 15 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 13 | New: 26
Join SI Premium – FREE
(Updated - April 25, 2022 6:56 AM EDT)
Piper Sandler analyst Clarke Jeffries downgraded Wix.com (NASDAQ: WIX) from Neutral to Underweight with a price target of $78.00 (from $105.00).
The analyst comments "Moving to Underweight as the "growthiest" asset that could see the largest contraction in the revenue base, while operating at the lowest margin profile."
For an analyst ratings summary and ratings history on Wix.com click here. For more ratings news on Wix.com click here.
Shares of Wix.com closed at $82.98 yesterday.
You May Also Be Interested In
- Gartner (IT) PT Lowered to $206 at BMO Capital, adjusting estimates
- SmartFinancial (SMBK) PT Raised to $60 at Benchmark on Higher Valuation
- Suncrete Inc (RMIX) PT Lowered to $22 at Jefferies
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT Change, Downgrades, Hot DowngradesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
