William Blair Reaffirms Outperform on Wix.com as Company Boosts AI and Product Push
William Blair has maintained an Outperform rating on Wix.com (WIX), citing momentum behind the company’s AI efforts and Studio initiatives. The firm flagged temporary higher investment intensity tied to the Base44 project but characterized the strategy as appropriate for long-term growth. Wix has reported 13.22% revenue growth over the last 12 mont…