Shopify shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy.
Portfolio Pulse from Benzinga Newsdesk
Shopify shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy.
July 16, 2024 | 11:19 am
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Shopify shares are trading higher following an upgrade from B of A Securities, which raised its rating from Neutral to Buy.
An upgrade from a major financial institution like B of A Securities typically boosts investor confidence, leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100