Shopify shares are trading higher after analysts at MoffettNathanson upgraded their rating of the stock from Market Perform to Outperform.
Portfolio Pulse from Benzinga Newsdesk
Shopify's stock rating has been upgraded from Market Perform to Outperform by analysts at MoffettNathanson, leading to a rise in the company's shares.
July 24, 2023 | 12:11 pm
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POSITIVE IMPACT
Shopify's stock rating has been upgraded, which has led to an increase in its share prices.
The upgrade in Shopify's stock rating by MoffettNathanson from Market Perform to Outperform indicates a positive outlook for the company. This has led to an increase in the company's share prices, indicating a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100