Shopify shares are trading higher after Evercore ISI Group upgraded the stock from In-Line to Outperform and announced a $75 price target.
Portfolio Pulse from Benzinga Newsdesk
Shopify shares are trading higher after Evercore ISI Group upgraded the stock from In-Line to Outperform and announced a $75 price target.
June 14, 2024 | 1:10 pm
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POSITIVE IMPACT
Shopify shares are experiencing an upward trend following an upgrade from Evercore ISI Group, which raised the stock rating from In-Line to Outperform and set a price target of $75.
The upgrade from Evercore ISI Group to Outperform and the new price target of $75 is a strong positive signal for investors, likely driving short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100