Piper Sandler Maintains Neutral on Shopify, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Clarke Jeffries maintains a Neutral rating on Shopify (NYSE:SHOP) and raises the price target from $63 to $67.

July 24, 2024 | 9:11 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Piper Sandler analyst Clarke Jeffries maintains a Neutral rating on Shopify and raises the price target from $63 to $67.
The raised price target from $63 to $67 indicates a positive outlook on Shopify's stock, which could lead to a short-term price increase. However, the Neutral rating suggests that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100