Roth MKM Reiterates Buy on Shopify, Maintains $76 Price Target
Portfolio Pulse from richadhand@benzinga.com
Roth MKM analyst Darren Aftahi has reiterated a 'Buy' rating on Shopify (NYSE:SHOP) and maintained a price target of $73.

August 29, 2023 | 1:01 pm
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Roth MKM analyst Darren Aftahi has reiterated a 'Buy' rating on Shopify and maintained a price target of $73.
The reiteration of a 'Buy' rating by Roth MKM analyst Darren Aftahi indicates a positive outlook for Shopify. The maintained price target of $73 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100