Citi raised the firm’s price target on Shopify (SHOP) to $195 from $155 and keeps a Buy rating on the shares. The firm updated the company’s model post the Q2 beat and “even better” Q3 outlook.
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Read More on SHOP:
- Shopify price target raised to $150 from $115 at Scotiabank
- Shopify price target raised to $165 from $115 at Canaccord
- Shopify price target raised to $150 from $95 at Truist
- Shopify price target raised to $150 from $85 at Mizuho
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