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Fly News Breaks for February 15, 2018
WIX
Feb 15, 2018 | 07:25 EDT
Wedbush analyst Aaron Turner raised his price target for Wix.com to $75 from $65 saying he views it as the best multi-vertical web builder for small businesses and believes the secular shift of SMBs coming online will drive strong revenue and free cash flow growth for the foreseeable future. However, the analyst believes these growth dynamics are currently fairly valued by the market and reiterates a Neutral rating on the shares.
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