Wix.com (WIX) PT Raised to $83 at RBC Capital
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Go back to Wix.com (WIX) PT Raised to $83 at RBC Capital
May 11, 2017 11:16 AM EDT
BofA/Merrill Lynch raised its price target on Wix.com (NASDAQ: WIX) to $97.00 (from $70.00) while maintaining a Buy rating.
Analyst Nate Schindler noted accelerating revenue growth with a new 'model-driving' product coming. Wix will launch a closed beat version of... More
May 11, 2017 9:42 AM EDT
Oppenheimer raised its price target on Wix.com (NASDAQ: WIX) to $88.00 (from $70.00) while maintaining a Outperform rating. 1Q revenue/collections were 3%/5% above Street and grew 50%/51% y/y on conversion/ARPU, as users adopt more features/verticals.
The company's 2017 organic revenue guidance midpoint implies +43% y/y... More
May 10, 2017 9:07 AM EDT
Wix.com (NASDAQ: WIX) reported Q1 EPS of ($0.18), versus ($0.14) consensus. Revenue for the quarter came in at $92.5 thousand, versus $90.12 million consensus.
GUIDANCE:
Wix.com sees Q2 2017 revenue of $101-102 billion.
Wix.com sees FY2017 revenue of $421-423 billion, versus the... More
