Morgan Stanley Reiterates Equal-Weight on Shopify, Maintains $54 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has reiterated an Equal-Weight rating on Shopify (NYSE:SHOP) and maintained a $54 price target.
July 19, 2023 | 3:44 pm
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NEUTRAL IMPACT
Morgan Stanley has reiterated an Equal-Weight rating on Shopify and maintained a $54 price target.
The news is directly about Shopify and is likely to influence investor sentiment. However, as the rating and price target have been maintained, the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100