Analyst Ratings for Shopify
Portfolio Pulse from Benzinga Insights
Shopify (NYSE:SHOP) has received various analyst ratings in the last quarter, with 3 bullish, 6 somewhat bullish, and 11 indifferent. The average 12-month price target for Shopify, according to 20 analysts, is $62.9, with a high of $80.00 and a low of $45.00. This average price target has increased by 20.31% over the past month.
July 14, 2023 | 12:00 pm
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POSITIVE IMPACT
Shopify has received a mix of analyst ratings, with a majority being indifferent. The average 12-month price target has increased by 20.31% over the past month.
The increase in the average 12-month price target indicates a positive outlook for Shopify. However, the majority of the analysts are indifferent, suggesting uncertainty about the company's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100