BofA downgrades Wix to underperform as AI coding tools threaten core growth

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BofA downgrades Wix to underperform as AI coding tools threaten core growth

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Bank of America downgraded Wix to underperform, citing the risk that AI coding tools could threaten the company’s core growth. The report reflects investor concerns about AI-driven competition in software development.

Markets AI & Tech Bank of America Wix stock downgrade AI coding tools software competition

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