Morgan Stanley Maintains Equal-Weight on Shopify, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Equal-Weight rating on Shopify (NYSE:SHOP) and raises the price target from $54 to $59.
August 04, 2023 | 1:50 pm
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Morgan Stanley maintains an Equal-Weight rating on Shopify and raises the price target from $54 to $59.
The raised price target by Morgan Stanley indicates a positive outlook for Shopify. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100