Morgan Stanley Maintains Overweight on Shopify, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Overweight rating on Shopify (NYSE:SHOP) and raises the price target from $80 to $85.
August 08, 2024 | 9:42 am
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Morgan Stanley analyst Keith Weiss maintains an Overweight rating on Shopify and raises the price target from $80 to $85.
The Overweight rating and increased price target from a reputable analyst at Morgan Stanley is likely to boost investor confidence in Shopify, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100