RBC Capital Reiterates Outperform on Shopify, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Paul Treiber has reiterated an Outperform rating on Shopify (NYSE:SHOP) and maintained a price target of $85.
August 08, 2024 | 7:29 pm
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RBC Capital analyst Paul Treiber has reiterated an Outperform rating on Shopify and maintained a price target of $85.
The reiteration of an Outperform rating and a maintained price target of $85 by RBC Capital is a positive signal for investors, suggesting confidence in Shopify's future performance. This could lead to a short-term increase in the stock price.
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