In a report released today, Timothy Chiodo from Credit Suisse maintained a Hold rating on Shopify (SHOP – Research Report), with a price target of $525.00. The company's shares closed last Friday at $389.73. According to TipRanks.com, Chiodo is a 3-star analyst with an average return of 5.1% and a 38.1% success rate. Chiodo covers the Technology sector, focusing on stocks such as Fidelity National Info, AvidXchange Holdings, and Affirm Holdings. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shopify with a $723.45 average price target, which is an 80.4% upside from current levels.
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