JPMorgan Lowers Price Target for Wix.com to $62 Amid Sector-Wide Adjustments
On June 18, JPMorgan analyst Alexei Gogolev reduced the price target on Wix.com (NASDAQ:WIX) from $86 to $62 as part of a broader recalibration across internet infrastructure companies. The adjustment reflects a more challenging operating environment for web services firms.
Topics: AI Integration JPMorgan Microsoft Partnership Wix.com