In a report issued on June 30, Colin Sebastian from Robert W. Baird maintained a Buy rating on Shopify (SHOP – Research Report), with a price target of $51.00. The company's shares closed last Friday at $31.41, close to its 52-week low of $29.76. According to TipRanks.com, Sebastian is a 5-star analyst with an average return of 9.0% and a 49.5% success rate. Sebastian covers the Technology sector, focusing on stocks such as Alphabet Class C, Alphabet Class A, and Playtika Holding. Shopify has an analyst consensus of Moderate Buy, with a price target consensus of $58.38, an 82.0% upside from current levels.
https://www.tipranks.com/news/blurbs/shopify-shop-gets-a-buy-rating-from-robert-w-baird?utm_source=advfn.com&utm_medium=referral
Shopify (NYSE:SHOP)
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