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.
October 07, 2024 | 3:20 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 expects the stock to perform in line with the market.
The reiteration of a Neutral rating and maintenance of the $70 price target by Cantor Fitzgerald indicates that the analyst does not foresee significant short-term upside or downside for Shopify. This suggests stability in the stock's performance relative to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100