Company Overview - Wix.com is a prominent player in the website development industry, offering a user-friendly platform for website creation without coding skills [1] Market Sentiment - Scotiabank has set a bullish price target of $175 for WIX, suggesting a potential upside of 76.14% from its current trading price of $99.35 [2] - The average brokerage recommendation for WIX is 1.38, indicating a consensus between Strong Buy and Buy, with 18 out of 24 brokerage firms rating it as Strong Buy and 3 as Buy [2][3] Stock Performance - Despite the positive outlook, WIX's stock price has recently decreased to approximately $97.92, reflecting a decline of about 3.72% [3] - Over the past year, WIX's stock has experienced significant volatility, reaching a peak of $247.11 and a low of $97.71 [4] - The company has a market capitalization of roughly $5.45 billion, indicating its substantial market presence [4] - WIX has a trading volume of 1,172,984 shares, highlighting considerable investor interest [4]