WIX Maintains by Benchmark -- Price Target Lowered to $85.00

Benchmark has maintained a "Buy" rating for Wix.com (WIX) but significantly lowered its price target from $115.00 to $85.00, reflecting a cautious market outlook despite the company appearing 67.3% undervalued by GuruFocus's GF Value. Although Wix shows strong growth potential, it faces challenges in financial strength and valuation, with mixed sentiment observed among investment gurus.