In a report issued on July 27, Matthew Pfau from William Blair maintained a Buy rating on Shopify (SHOP – Research Report). The company's shares closed last Tuesday at $37.74, close to its 52-week low of $29.72. According to TipRanks.com, Pfau has 0 stars on 0-5 stars ranking scale with an average return of -9.8% and a 34.1% success rate. Pfau covers the Technology sector, focusing on stocks such as Manhattan Associates, BigCommerce Holdings, and ChannelAdvisor. Currently, the analyst consensus on Shopify is a Moderate Buy with an average price target of $43.38, a 21.5% upside from current levels.
https://www.tipranks.com/news/blurbs/william-blair-thinks-shopifys-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Shopify (NYSE:SHOP)
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