Shopify shares are trading higher after Jefferies raised its price target on the stock from $44 to $65.
Portfolio Pulse from Benzinga Newsdesk
Shopify's stock price is trading higher after Jefferies raised its price target from $44 to $65.
June 12, 2023 | 4:21 pm
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Shopify's stock price is expected to rise in the short term due to Jefferies raising its price target from $44 to $65.
Jefferies, a well-known investment bank, has raised its price target on Shopify's stock from $44 to $65. This indicates a positive outlook on the company's performance and is likely to result in an increase in the stock price in the short term.
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