In a report released yesterday, Mark Mahaney from Evercore ISI maintained a Buy rating on Shopify (SHOP – Research Report), with a price target of $660.00. The company's shares closed last Friday at $377.49. According to TipRanks.com, Mahaney is a top 100 analyst with an average return of 33.6% and a 54.0% success rate. Mahaney covers the Technology sector, focusing on stocks such as Spotify Technology SA, Zillow Group Class A, and Integral Ad Science. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shopify with a $696.44 average price target, which is a 73.6% upside from current levels.
https://www.tipranks.com/news/blurbs/shopify-shop-gets-a-buy-rating-from-evercore-isi?utm_source=advfn.com&utm_medium=referral
Shopify (NYSE:SHOP)
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