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WIX

Wix.com

$145.83

1.19 (0.82%)

18:57
06/19/19
06/19
18:57
06/19/19
18:57

Wix.com CEO: Q1 was very good for us

In an interview on CNBC's Mad Money, Wix.com CEO Avishai Abrahami said: It has been a very good start to the year... Our market is potentially enormous since there are so many small businesses... As time passes, the need to have your own website is growing.

WIX Wix.com
$145.83

1.19 (0.82%)

05/17/19
SBSH
05/17/19
NO CHANGE
Target $155
SBSH
Buy
Wix.com price target raised to $155 from $125 at Citi
Citi analyst Nicholas Jones raised his price target for Wix.com to $155 from $125 following the company's "solid" Q1 results and guidance. The analyst views the results as a positive for Wix.com and expect its more hands-on approach with customers will drive conversion higher in out years. He keeps a Buy rating on the shares.
05/17/19
NORL
05/17/19
NO CHANGE
Target $160
NORL
Outperform
Wix.com price target raised to $160 from $120 at Northland
Northland analyst Tim Klasell raised his price target on Wix.com shares to $160 from $120 following the company's Q1 results and "strong" revenue guidance, noting that the company is trading margins for growth with its plans to spend on customer support agents that it finds are increasing conversion rates. Klasell keeps an Outperform rating on Wix shares.
06/04/19
JEFF
06/04/19
NO CHANGE
Target $165
JEFF
Buy
Jefferies remains 'very bullish' on Wix.com fundamentals
After visiting the company's Tel Aviv office, Jefferies analyst Brent Thill continues to remain "very bullish" on Wix.com's fundamentals. Wix launched more new products than ever in Q4 of 2018 and over time, many of these could be big enough to be separate companies, Thill tells investors in a research note. The company remains one of the analyst's top SMID cap picks with a Buy rating and $165 price target.
06/14/19
JEFF
06/14/19
NO CHANGE
Target $165
JEFF
Buy
Jefferies channel checks uncover 22% price increase in Wix.com products
Jefferies analyst Brent Thill says his channel checks uncovered a "broad-based" price increase in Wix.com products averaging 22%. This follows the average 55% increase in mid-August 2018, Thill tells investors in a research note. The analyst believes Wix's "constant" product innovation is earnings pricing power and that the company should be able to drive 25%-plus revenue growth for the "foreseeable future." He expects the stock to continue working and keeps a Buy rating on Wix.com with a $165 price target.

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