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Fly News Breaks for February 18, 2020
Feb 18, 2020 | 08:35 EDT
Guggenheim analyst Ken Wong rolled forward his estimates for, causing him to raise his price target on the stock to $165 from $150 ahead of the company's Q4 report. He expects Wix to meet consensus collections and revenue expectations for the quarter as his quarterly SMB survey suggests macro trends remain better than expected, added Wong, who keeps a Buy rating on Wix shares.
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