Evercore ISI Group Maintains Outperform on Shopify, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an Outperform rating on Shopify (NYSE:SHOP) and raised the price target from $75 to $80.
August 08, 2024 | 1:15 pm
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Evercore ISI Group has maintained an Outperform rating on Shopify and raised the price target from $75 to $80.
The raised price target and maintained Outperform rating from a reputable analyst group like Evercore ISI is likely to positively impact Shopify's stock price in the short term as it signals confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100