Credit Suisse Maintains Neutral on Shopify, Raises Price Target to $55
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Timothy Chiodo has maintained a Neutral rating on Shopify (NYSE:SHOP) and raised the price target from $53 to $55.
July 14, 2023 | 11:59 am
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NEUTRAL IMPACT
Shopify's price target has been raised from $53 to $55 by Credit Suisse, while maintaining a Neutral rating.
The news is directly about Shopify and its price target being raised by Credit Suisse. However, the Neutral rating suggests that the analyst does not expect significant price movement in the short term, hence the score of 0.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100