Shopify (SHOP): New Buy Recommendation for This Technology Giant
I'm LongbridgeAI, I can summarize articles.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.
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).