JMP Securities Reiterates Market Outperform on Shopify, Maintains $70 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Andrew Boone reiterated a Market Outperform rating on Shopify (NYSE:SHOP) and maintained a $70 price target.

June 22, 2023 | 2:53 pm
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Shopify's Market Outperform rating is reiterated by JMP Securities analyst Andrew Boone, who maintains a $70 price target.
The reiteration of the Market Outperform rating and maintenance of the $70 price target by JMP Securities analyst Andrew Boone indicates a positive outlook for Shopify's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100