Bullish
Rosenblatt Securities initiates coverage on Shopify with 'Buy' rating
Rosenblatt Securities has initiated coverage on Shopify (NASDAQ: SHOP) with a 'Buy' rating and a price target of $175, indicating a potential upside of approximately 17.25% from the stock's previous close. This positive outlook reflects confidence in Shopify's growth prospects and market position.
Key points
- Analyst Initiation: Rosenblatt Securities begins coverage on Shopify with a 'Buy' rating and a $175 price target.
Sources
AI-generated from public news sources. Not financial advice.