Piper Sandler Maintains Neutral on Shopify, Maintains $67 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Clarke Jeffries has maintained a Neutral rating on Shopify (NYSE:SHOP) with a price target of $67.
August 29, 2024 | 9:05 am
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NEUTRAL IMPACT
Piper Sandler has reiterated a Neutral rating for Shopify with a price target of $67, indicating no expected significant short-term price movement.
The analyst's decision to maintain a Neutral rating and the same price target suggests that there are no new catalysts or changes in Shopify's outlook that would affect its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100