---
title: "This Shopify Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298734325.md"
description: "Wall Street analysts initiated coverage on five companies: PPG (Overweight, $133 target), Shopify (Outperform, $160 target), Chesapeake Utilities (Outperform, $150 target), Global Payments (Neutral, $101 target), and Dianthus Therapeutics (Overweight, $135 target). These initiations reflect varying analyst outlooks and price targets for the respective stocks."
datetime: "2026-09-11T12:29:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298734325.md)
  - [en](https://longbridge.com/en/news/298734325.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298734325.md)
generator: "portal-rs"
---

# This Shopify Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

-   Keybanc analyst Salvator Tiano initiated coverage on **PPG Industries Inc** (NYSE:PPG) with an Overweight rating and announced a price target of $133. PPG closed at $105.05 on Thursday. See how other analysts view this stock.
-   Bernstein analyst Mark Shmulik initiated coverage on **Shopify Inc.** (NASDAQ:SHOP) with an Outperform rating and announced a price target of $160. Shopify shares closed at $126.60 on Thursday. See how other analysts view this stock.
-   Mizuho analyst Gabriel Moreen initiated coverage on **Chesapeake Utilities Corp** (NYSE:CPK) with an Outperform rating and announced a price target of $150. Chesapeake Utilities closed at $129.59 on Thursday. See how other analysts view this stock.
-   Piper Sandler analyst Bill Carcache initiated coverage on **Global Payments Inc** (NYSE:GPN) with a Neutral rating and announced a price target of $101. Global Payments shares closed at $88.55 on Thursday. See how other analysts view this stock.
-   JP Morgan analyst Brian Cheng initiated coverage on **Dianthus Therapeutics Inc** (NASDAQ:DNTH) with an Overweight rating and announced a price target of $135. Dianthus Therapeutics closed at $103.28 on Thursday. See how other analysts view this stock.

Considering buying SHOP stock? Here’s what analysts think:

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### Related Stocks

- [GPN.US](https://longbridge.com/en/quote/GPN.US.md)
- [CPK.US](https://longbridge.com/en/quote/CPK.US.md)
- [PPG.US](https://longbridge.com/en/quote/PPG.US.md)
- [DNTH.US](https://longbridge.com/en/quote/DNTH.US.md)
- [SHOP.US](https://longbridge.com/en/quote/SHOP.US.md)
- [SHPD.US](https://longbridge.com/en/quote/SHPD.US.md)
- [SHPU.US](https://longbridge.com/en/quote/SHPU.US.md)

## Related News & Research

- [PPG Industries, Inc. $PPG Shares Acquired by California State Teachers Retirement System](https://longbridge.com/en/news/298420548.md)
- [PPG hosts innovation day in Tianjin highlighting customer-focused solutions | PPG Stock News](https://longbridge.com/en/news/298743767.md)
- [Dianthus Therapeutics (NASDAQ:DNTH) Coverage Initiated at JPMorgan Chase & Co.](https://longbridge.com/en/news/298733559.md)
- [How AI Commerce Growth Will Impact Shopify Stock](https://longbridge.com/en/news/298319612.md)
- [Chesapeake Utilities Corporation (NYSE:CPK) Receives Average Recommendation of "Hold" from Analysts](https://longbridge.com/en/news/298744273.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**