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Needham's Developer Checks For Wix.com Highlight Continued Funnel Weakness

Benzinga LogoBenzinga1 mo ago

Needham's Developer Checks For Wix.com Highlight Continued Funnel Weakness

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Needham analyst Bernie McTernan reiterated a Buy rating and $85 price target on Wix.com Ltd (NASDAQ: WIX) following a round of web developer checks. 

He spoke with 22 developers in the WIX Marketplace to shed light on the broader funnel.

They did not indicate any improvement.


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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Topics: Tech Analyst Ratings Briefs Analyst Color Price Target Reiteration Benzinga WIX News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-29, 18:36:51

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Reading Time: 1 minutes read

Article Length: 25 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 20971

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 24 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10h ago

Coverage Areas: United States

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