Citigroup Maintains Buy on Shopify, Raises Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Buy rating on Shopify (NYSE:SHOP) and raises the price target from $95 to $96.

June 26, 2024 | 4:14 pm
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Citigroup analyst Tyler Radke has maintained a Buy rating on Shopify and raised the price target from $95 to $96.
The maintenance of a Buy rating and a slight increase in the price target by a reputable analyst from Citigroup is likely to have a positive short-term impact on Shopify's stock price. This indicates continued confidence in the company's performance and potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100