---
title: "Shopify (SHOP): New Buy Recommendation for This Technology Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295215086.md"
description: "Truist Financial analyst Terry Tillman reiterated a Buy rating on Shopify (SHOP) with an $180 price target, despite shares closing at C$201.97. Concurrently, ATB Cormark Capital Markets issued a Buy recommendation, while Barclays maintained a Hold rating."
datetime: "2026-08-07T09:55:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295215086.md)
  - [en](https://longbridge.com/en/news/295215086.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295215086.md)
---

# Shopify (SHOP): New Buy Recommendation for This Technology Giant

Truist Financial analyst Terry Tillman reiterated a Buy rating on Shopify on August 5 and set a price target of $180.00. The company’s shares closed yesterday at C$201.97.

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Tillman covers the Technology sector, focusing on stocks such as Manhattan Associates, Tyler Technologies, and Zeta Global Holdings Corp. According to TipRanks, Tillman has an average return of \-6.1% and a 40.88% success rate on recommended stocks.

In addition to Truist Financial, Shopify also received a Buy from ATB Cormark Capital Markets’s Martin Toner in a report issued yesterday. However, on the same day, Barclays maintained a Hold rating on Shopify (NASDAQ: SHOP).

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