Truist Securities Maintains Hold on Shopify, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Shopify (NYSE:SHOP) while raising the price target from $55 to $65.
August 08, 2024 | 12:55 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Truist Securities has maintained a Hold rating on Shopify (NYSE:SHOP) and raised the price target from $55 to $65.
The raised price target from $55 to $65 indicates a positive outlook from Truist Securities, which could lead to a short-term increase in Shopify's stock price despite the Hold rating.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100