Cantor Fitzgerald Reiterates Neutral on Shopify, Maintains $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Deepak Mathivanan has reiterated a Neutral rating on Shopify (NYSE:SHOP) and maintained a price target of $70.
September 30, 2024 | 4:30 pm
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NEUTRAL IMPACT
Cantor Fitzgerald has reiterated a Neutral rating for Shopify, maintaining a price target of $70. This suggests that the analyst does not expect significant short-term price movement.
The reiteration of a Neutral rating and maintenance of the $70 price target by Cantor Fitzgerald indicates that the analyst does not foresee significant changes in Shopify's stock price in the short term. This suggests stability rather than volatility in the stock's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100