In a report released today, Jeff Cantwell from Wells Fargo maintained a Buy rating on Shopify (SHOP - Research Report), with a price target of $38.00. The company's shares closed yesterday at $30.98.Cantwell covers the Services sector, focusing on stocks such as Paypal Holdings, Paymentus Holdings, and Global Payments. According to TipRanks, Cantwell has an average return of 10.1% and a 60.22% success rate on recommended stocks. Currently, the analyst consensus on Shopify is a Moderate Buy with an average price target of $43.02.See Insiders’ Hot Stocks on TipRanks >> The company has a one-year high of $176.29 and a one-year low of $29.07.
https://www.tipranks.com/news/blurbs/wells-fargo-keeps-their-buy-rating-on-shopify-shop?utm_source=advfn.com&utm_medium=referral
Shopify (NYSE:SHOP)
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