UBS lowered the firm’s price target on Shopify (SHOP) to $110 from $125 and keeps a Neutral rating on the shares. Shopify delivered a broadly in-line quarter, and plans to prioritize investing further in key areas such as the company’s core platform, international, B2B, enterprise, and offline, the analyst tells investors in a research note.
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Read More on SHOP:
- Shopify price target lowered to $115 from $124 at JPMorgan
- Cathie Wood Scoops Up Shopify Stock (SHOP) After Q1 Earnings
- Shopify price target lowered to $94 from $100 at Barclays
- Shopify Reports Strong Q1 2025 Financial Results
- Positive Outlook on Shopify: Strong Revenue Growth and Merchant Solutions Drive Buy Rating
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