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Fly News Breaks for July 28, 2016
WIX
Jul 28, 2016 | 08:05 EDT
Oppenheimer analyst Jason Helfstein raised his price target for Wix.com to $44 from $37 following "exceptional" Q2 results and raised guidance. The analyst believes the company is the "clear" leader in web presence and services for SMBs, underpinned by its dedication to technology and product innovations. Oppenheimer has an Outperform rating on the shares.
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