Goldman Sachs Maintains Neutral on Shopify, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Gabriela Borges maintains a Neutral rating on Shopify (NYSE:SHOP) and raises the price target from $59 to $65.

August 04, 2023 | 1:27 pm
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Goldman Sachs maintains a Neutral rating on Shopify and raises the price target from $59 to $65.
The news is directly about Shopify. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating that they do not expect significant price movement in the short term. However, they have raised the price target from $59 to $65, which could suggest a potential upside in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100