Guggenheim analyst Kenneth Wong maintained a Buy rating on Wix (WIX) on February 25. The company’s shares closed last Monday at $281.59.
According to TipRanks.com, Wong is a 4-star analyst with an average return of 25.5% and a 60.8% success rate. Wong covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Altair Engineering, and Veeva Systems.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wix with a $358.33 average price target, which is a 25.9% upside from current levels. In a report issued on February 17, Needham also reiterated a Buy rating on the stock with a $340.00 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $362.07 and a one-year low of $156.86. Currently, Wix has an average volume of 623.4K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Wix.com Ltd. engages in the provision of web development, design, and management solutions and applications. It provides free design templates for personal and business use, web design and layout tools, web hosting through the Wix domain, applications from the App Market, blog and social network page support, other marketing and work flow management applications and services. The company also offers eCommerce and appointment applications, and marketing tools such as Google Analytics and mailing lists. Wix.com was founded by Avishai Abrahami, Nadav Abrahami and Giora Kaplan on October 5, 2006 and is headquartered in Tel Aviv, Israel.
Read More on WIX:
