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Wix.com (WIX) PT Raised to $196 at CFRA

May 22, 2024 5:34 AM EDT

CFRA analyst Siti Salikin raised the price target on Wix.com (NASDAQ: WIX) to $196.00 (from $155.00) while maintaining a Buy rating.

The analyst comments "We lift our target price to $196 (from $155), an implied 2024 P/S of 6.3x on decent projected revenue... More