B of A Securities Upgrades Shopify to Buy, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Shopify (NYSE:SHOP) from Neutral to Buy and raised the price target from $78 to $82.
July 16, 2024 | 10:14 am
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B of A Securities has upgraded Shopify from Neutral to Buy and increased the price target from $78 to $82, indicating a positive outlook on the stock.
The upgrade from Neutral to Buy by B of A Securities suggests increased confidence in Shopify's future performance. The raised price target to $82 indicates potential for stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100