JMP Securities analyst Andrew Boone maintained a Hold rating on Shopify (SHOP – Research Report) yesterday. The company's shares closed last Wednesday at $35.24, close to its 52-week low of $29.72. According to TipRanks.com, Boone is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -28.0% and a 15.1% success rate. Boone covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, Zillow Group Class A, and Fiverr International. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shopify with a $68.90 average price target, which is an 119.0% upside from current levels.
https://www.tipranks.com/news/blurbs/jmp-securities-keeps-their-hold-rating-on-shopify-shop?utm_source=advfn.com&utm_medium=referral
Shopify (NYSE:SHOP)
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