Wix.com price target raised to $186 from $184 at Barclays

Barclays raised the firm’s price target on Wix.com to $186 from $184 and keeps an Overweight rating on the shares. The company reported a solid beat and raise quarter, which should be well received and help the stock continue to work from here, the analyst tells investors in a research note. The firm believes the company’s valuation remains attractive, particularly given its growth. Wix remains its favored name in web tools.