UPDATE: Evercore ISI Starts Wix.com (WIX) at Outperform, Added to Firm's Best SMiD Long Term 'Core' Ideas List
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Evercore ISI analyst Mark Mahaney initiates coverage on Wix.com (NASDAQ: WIX) with a Outperform rating and a price target of $370.00.
The analyst comments "A clear structural Digital Presence winner, and ‘21 contains the potential for Collections & Revenue growth acceleration. We are adding WIX to Evercore ISI’s Best SMID Long Term "Core" Ideas."
Shares of Wix.com closed at $293.30 yesterday.
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