Shopify · SHOP Daily Market Briefing

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.

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