Morgan Stanley Maintained a Buy Rating on Wix.com (WIX), Kept the PT Unchanged

From Yahoo Finance: 2025-06-20 15:57:00

Wix.com Ltd. (NASDAQ: WIX) is listed as one of the 11 Best Tech Stocks to Buy On the Dip. Analyst Elizabeth Porter from Morgan Stanley maintained a Buy rating on Wix.com Ltd. with a price target of $207 following the release of the company’s Q1 2025 results in May. Q1 total bookings were $511 million, up 12% year-over-year, with revenue totaling $474 million, reflecting 13% growth driven by Self Creators and Studio adoption. The company’s solid performance across key indicators received positive feedback from analysts. Management maintained a full-year booking outlook despite macroeconomic challenges.



Read more at Yahoo Finance: Morgan Stanley Maintained a Buy Rating on Wix.com (WIX), Kept the PT Unchanged