UPDATE: Evercore ISI Starts Wix.com (WIX) at Outperform, Added to Firm's Best SMiD Long Term 'Core' Ideas List

April 5, 2021 4:16 PM EDT
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Price: $295.90 --0%

Rating Summary:
    21 Buy, 5 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 9 | Down: 6 | New: 70
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(Updated - April 5, 2021 4:19 PM EDT)

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."

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 $293.30 yesterday.

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Mark Mahaney