Citigroup Maintains Buy on Shopify, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke has maintained a Buy rating on Shopify and raised the price target from $90 to $103.
September 30, 2024 | 5:49 pm
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Citigroup analyst Tyler Radke has maintained a Buy rating on Shopify and increased the price target from $90 to $103, indicating a positive outlook on the stock.
The increase in price target from $90 to $103 by Citigroup suggests a positive outlook on Shopify's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100