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Fly News Breaks for April 19, 2018
WIX
Apr 19, 2018 | 07:30 EDT
KeyBanc analyst Alyssa Johnson reiterates an Overweight rating and $103 price target for Wix.com ahead of new product catalysts. The analyst says her Key First Look data indicates healthy upside to consensus collections estimates, driven by an ACPS uplift. Johnson believes the model is further poised for potential upside through the year as new product releases, including Code, start to become growth levers.
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