Wix Reports Third Quarter 2020 Results

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Wix.com (WIX) PT Lowered to $295 at Raymond James

November 12, 2020 3:31 PM EST

Raymond James analyst Aaron Kessler lowered the price target on Wix.com (NASDAQ: WIX) to $295.00 (from $340.00) while maintaining an Outperform rating.

The analyst commented, "Wix delivered strong 3Q revenues and continued sub momentum (165% y/y premium sub net adds) driven by increased... More