Wix.com price target raised to $87 from $78 at Barclays

Barclays raised the firm’s price target on Wix.com to $87 from $78 and keeps an Equal Weight rating on the shares. The analyst sees a "lot to like" in Q4 results, but remains in the "show me" camp saying the company’s 2% subscriber growth is "lackluster." Wix shares may move up in the near term, but the stock’s valuation looks fair here, the analyst tells investors in a research note.