Jefferies upgraded Shopify to Buy from Hold and raised its price target to $160, citing strong early indicators for Q2, a reworked partner program, and expectations of a near-term price increase. The change implies improving fundamentals and sets a more constructive near-term outlook for the stock.
Jefferies upgraded Shopify to Buy from Hold and raised its price target to $160, citing strong early indicators for Q2, a reworked partner program, and expectations of a near-term price increase. The change implies improving fundamentals and sets a more constructive near-term outlook for the stock.
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mildly positive
Sentiment Score
0.35
Ticker Sentiment
