JMP Securities Reiterates Market Outperform on Shopify, Maintains $70 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Andrew Boone has reiterated a Market Outperform rating on Shopify (NYSE:SHOP) and maintained a $70 price target.
July 27, 2023 | 4:41 pm
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Shopify's stock rating has been reiterated as Market Outperform by JMP Securities, with a maintained price target of $70.
The reiteration of the Market Outperform rating and the maintenance of the $70 price target by JMP Securities indicates a positive outlook for Shopify. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100