Wix.com shares are trading lower after Raymond James downgraded the stock from Strong Buy to Outperform and cut its price target from $75 to $70.

Wix.com Ltd.

Wix.com Ltd.

WIX

0.00

Wix.com shares are trading lower after Raymond James downgraded the stock from Strong Buy to Outperform and cut its price target from $75 to $70.