BMO Capital analyst Thanos Moschopoulos lowered the firm’s price target on Shopify (SHOP) to $150 from $190 and keeps an Outperform rating on the shares ahead of its Q4 results. The firm expects a solid quarter, driven by sustained market share gains against U.S. holiday ecommerce sales that modestly exceeded expectations, the analyst tells investors in a research note. BMO’s reduced price target is reflecting the recent de-rating across the software sector, the firm added.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHOP:
- Options Volatility and Implied Earnings Moves This Week, February 10 – February 13, 2026
- SHOP Upcoming Earnings Report: What to Expect?
- The Week That Was, The Week Ahead: Macro and Markets, Feb. 8
- Buy/Sell: Wall Street’s top 10 stock calls this week
- ‘Shopify Remains an Agentic Commerce Beneficiary’: SHOP Stock Plunges despite Backing