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Fly News Breaks for January 4, 2018
WIX
Jan 4, 2018 | 07:20 EDT
Raymond James analyst Aaron Kessler upgraded Wix.com to Strong Buy from Market Perform and established a $74 price target. The analyst expects continued revenue momentum to be driven by continued strength in both premium sub growth and ARPU increases, solid near-term and long-term margin expansion, and believes shares should trade in-line with high growth SAAS peers.
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