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This Wix.com Analyst Turns Bearish; Here Are Top 5 Downgrades For Tuesday
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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • B of A Securities analyst Michael McGovern downgraded Wix.com Ltd. (NASDAQ:WIX) from Buy to Underperform and slashed the price target from $75 to $68. Wix.com closed at $69.75 on Monday. See how other analysts view this stock.
  • Wells Fargo analyst Trey Bowers downgraded DraftKings Inc. (NASDAQ:DKNG) from Overweight to Equal-Weight and lowered the price target from $30 to $21. DraftKings shares closed at $18.70 on Monday. See how other analysts view this stock.
  • UBS analyst Michael Brown downgraded The Carlyle Group Inc. (NASDAQ:CG) from Buy to Neutral and lowered the price target from $60 to $47. Carlyle closed at $42.31 on Monday. See how other analysts view this stock.
  • Jefferies analyst Chris LaFemina downgraded Peabody Energy Corporation (NYSE:BTU) from Buy to Hold and lowered the price target from $30 to $18. Peabody Energy shares closed at $16.03 on Monday. See how other analysts view this stock.
  • DA Davidson analyst Kurt Yinger downgraded Trex Company, Inc. (NYSE:TREX) from Buy to Neutral. Trex closed at $54.74 on Monday. See how other analysts view this stock.

Considering buying WIX stock? Here’s what analysts think:

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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