Shopify rings in strong holiday sales, profit outlook underwhelms
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Truist Securities Reiterates Hold Rating on Shopify (SHOP)
February 12, 2025 9:44 AM ESTTruist Securities analyst Terry Tillman reiterated a Hold rating and $120.00 price target on Shopify (NYSE: SHOP).
The analyst comments "We view 4Q24 results as strong, especially considering the broader macro backdrop, with highlights including strong growth at scale and CF upside. The... More
Shopify (SHOP) PT Raised to $120 at Stifel
February 11, 2025 2:41 PM ESTStifel analyst J. Parker Lane raised the price target on Shopify (NYSE: SHOP) to $120.00 (from $115.00) while maintaining a Hold rating.
The analyst commented, "Shopify results exceeded expectations on the top-line/GMV/op margins in 4Q but the outlook for 1Q was more... More
