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Fly News Breaks for June 4, 2018
WIX
Jun 4, 2018 | 07:37 EDT
Deutsche Bank analyst Lloyd Walmsley raised his price target for Wix.com to $100 ahead of the company's analyst day on June 5. The analyst sees an upside bias to medium and long-term estimates driven by continued growth from existing products, the increasing monetization of Wix Code and from new products. He keeps a Buy rating on Wix.com shares.