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Fly News Breaks for February 16, 2017
WIX
Feb 16, 2017 | 08:10 EDT
Oppenheimer analyst Jason Helfstein raised his price target for Wix.com to $70 from $54 following better Q4 results and guidance. The analyst continues to see Wix.com as the clear leader in web presence/services, serving SMBs globally, through constant dedication to product innovations. He reiterates an Outperform rating on the shares as he is incrementally bullish on the long-term growth opportunity.
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