JMP Securities Reiterates Market Outperform on Shopify, Maintains $72 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone has reiterated a Market Outperform rating on Shopify (NYSE:SHOP) and maintained a $72 price target.
September 26, 2023 | 1:11 pm
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Shopify's stock rating has been reiterated as Market Outperform by JMP Securities, with a maintained price target of $72.
The reiteration of the Market Outperform rating and the maintenance of the $72 price target by JMP Securities indicates a positive outlook for Shopify. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100