Scotiabank Sets Bullish $175 Price Target on Wix.com Stock
On November 20, 2025, Scotiabank initiated a bullish price target for Wix.com (NASDAQ:WIX), setting it at $175 per share. This target suggested a potential upside of 76.14% from the stock's trading price of $99.35 at the time of the announcement.
The positive sentiment from Scotiabank aligns with a broader Wall Street consensus. The stock holds an average brokerage recommendation (ABR) of 1.38, positioning it between a Strong Buy and a Buy. Of the 24 brokerage firms covering WIX, 18 have issued a Strong Buy rating, accounting for 75% of all recommendations. An additional three firms recommend it as a Buy.
Despite the optimistic analyst ratings, WIX's stock experienced a downturn, with its price falling to approximately $97.92, a decrease of about 3.72%. During the trading day, the stock fell by $3.78, with transactions occurring between a low of $97.71 and a high of $103.69.
Over the last year, Wix.com's stock has shown significant volatility, reaching a high of $247.11 and a low of $97.71. The company maintains a market capitalization of approximately $5.45 billion. Trading volume was recorded at 1,172,984 shares, indicating considerable investor interest in the website development platform.
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