Wix.com (NASDAQ:WIX – Get Free Report) declared that its board has approved a stock buyback plan on Wednesday, January 28th, RTT News reports. Bank of America dropped their target price on Wix.com from $210.00 to $170.00 and set a “buy” rating on the stock in a report on Wednesday, November 19th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Wix.com currently has a consensus rating of “Moderate Buy” and an average price target of $163.86. Get Wix.com alerts:Check Out Our Latest Stock Report on WIXWix.com Stock Up 5.8%Wix.com Company ProfileShares of WIX traded up $5.08 during trading on Wednesday, reaching $93.04.