Cantor Fitzgerald Initiates Coverage On Shopify with Neutral Rating, Announces Price Target of $70
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has initiated coverage on Shopify with a Neutral rating and set a price target of $70.
September 05, 2024 | 3:04 pm
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Cantor Fitzgerald has initiated coverage on Shopify with a Neutral rating and a price target of $70, indicating a cautious outlook.
The Neutral rating suggests that the analyst does not expect significant upside or downside in the short term. The price target of $70 provides a specific valuation benchmark for investors. This information is important for investors as it reflects the analyst's view on the stock's potential performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100