Scotiabank Maintains Sector Perform on Shopify, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Kevin Krishnaratne maintains a Sector Perform rating on Shopify and raises the price target from $75 to $80.
October 24, 2024 | 3:03 pm
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POSITIVE IMPACT
Scotiabank has maintained its Sector Perform rating on Shopify and increased the price target from $75 to $80, indicating a positive outlook.
The increase in price target from $75 to $80 by Scotiabank suggests a positive outlook for Shopify, which could lead to a short-term increase in stock price. The maintained Sector Perform rating indicates steady performance expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100