Wix.com (WIX) Tops Q3 EPS by 8c

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RBC Capital Reiterates Bullish Stance on Wix.com (WIX) Amid Strong Q3 Results and Outlook

November 5, 2014 2:09 PM EST

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and $26 price target on Wix.com (NASDAQ: WIX) following a strong beat on the top- and bottom-line and raised Q4 guidance.

The keys in the quarter, according to the analyst: 1) Collections grew 70% Y/Y... More