Wix.com (WIX) PT Raised to $83 at RBC Capital
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Price: $60.20 -1.12%
Rating Summary:
22 Buy, 15 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 33 | Down: 45 | New: 4
Rating Summary:
22 Buy, 15 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 33 | Down: 45 | New: 4
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RBC Capital raised its price target on Wix.com (NASDAQ: WIX) to $83.00 (from $59.00) while maintaining a Sector Perform rating after another strong quarter.
Analyst Mark Mahaney said while they are positive on the fundamentals the valuation keeps them on the sidelines.
The firm's ‘17 Rev/EBITDA estimates go up 1%/2%.
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