In a report issued on July 27, Colin Sebastian from Robert W. Baird maintained a Buy rating on Shopify (SHOP – Research Report), with a price target of $47.00. The company's shares closed last Thursday at $35.91, close to its 52-week low of $29.72. According to TipRanks.com, Sebastian is a 5-star analyst with an average return of 9.9% and a 50.7% success rate. Sebastian covers the Technology sector, focusing on stocks such as Playtika Holding, Corsair Gaming, and Meta Platforms. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shopify with a $63.58 average price target, representing an 83.2% upside.
https://www.tipranks.com/news/blurbs/robert-w-baird-thinks-shopifys-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Shopify (NYSE:SHOP)
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Shopify (NYSE:SHOP)
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