Wix.com price target lowered to $200 from $257 at Seaport Research

Seaport Research lowered the firm’s price target on Wix.com (WIX) to $200 from $257 and keeps a Buy rating on the shares. The firm is lowering its price target on the stock following some slowing in business solutions, the analyst tells investors. Seaport maintains its rating on the stock given the expectation for 10%+ long term revenue growth and solid expense discipline.

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