Wix.com (WIX) Tops Q3 EPS by 2c; Boosts FY16 Revenue Outlook

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Go back to Wix.com (WIX) Tops Q3 EPS by 2c; Boosts FY16 Revenue Outlook

RBC Capital Raises Price Target on Wix.com (WIX) Following the Company's 3Q Beat

November 11, 2016 1:59 PM EST

RBC Capital reiterated a Sector Perform rating on Wix.com (NASDAQ: WIX), and raised the price target to $52.00 (from $45.00), following the company's 3Q earnings report. Revenue of $75.6MM beat Street estimates of $72.8MM and guidance. EBITDA of $11.4MM also came in materially... More