Deutsche Bank Maintains Buy on Shopify, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Bhavin Shah maintains a Buy rating on Shopify (NYSE:SHOP) and raises the price target from $80 to $85.
August 08, 2024 | 4:22 pm
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POSITIVE IMPACT
Deutsche Bank analyst Bhavin Shah maintains a Buy rating on Shopify and raises the price target from $80 to $85.
The Buy rating and increased price target from a reputable analyst at Deutsche Bank is likely to positively influence investor sentiment and drive short-term price appreciation for Shopify.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100