TipRanks
Fri, March 6, 2026 astatine 8:15 AM CST 1 min read
B. Riley lowered the firm’s price target connected Wix.com (WIX) to $180 from $200 and keeps a Buy standing connected the shares. Wix shows aggregate positives post-Q4, including unchangeable to improving escaped currency travel margins, aboriginal occurrence from Wix Harmony, beardown idiosyncratic and yearly recurring gross maturation successful Base44, a $2B stock repurchase authorization, and a $275M backstage placement from semipermanent investors, the expert says successful a probe note. While Base44 whitethorn unit near- to medium-term margins, Wix’s outgo operation and execution past suggest higher margins are achievable arsenic the concern scales, the steadfast says.
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