Mizuho Securities analyst Siti Panigrahi maintained a Hold rating on Shopify (SHOP - Research Report) on November 29 and set a price target of $33.00. The company's shares closed yesterday at $43.40.Panigrahi covers the Technology sector, focusing on stocks such as Intuit, Twilio, and Zoom Video Communications. According to TipRanks, Panigrahi has an average return of -7.5% and a 42.57% success rate on recommended stocks. Currently, the analyst consensus on Shopify is a Moderate Buy with an average price target of $40.47, representing a -6.75% downside. In a report released on November 29, Roth Capital also maintained a Hold rating on the stock with a $38.00 price target.
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