UBS Assumes Shopify at Neutral, Announces Price Target of $55
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Chiodo has assumed Shopify (NYSE:SHOP) with a Neutral rating and set a price target of $55.
October 20, 2023 | 5:47 pm
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UBS analyst has given Shopify a Neutral rating and a price target of $55.
The news directly pertains to Shopify as UBS analyst Timothy Chiodo has assumed the company with a Neutral rating and set a price target of $55. This could influence investors' decisions and potentially impact the stock's short-term price movement. However, as the rating is Neutral, the impact is likely to be moderate.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100