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Piper Sandler Downgrades Shopify (SHOP) to Underweight

November 28, 2023 5:32 AM EST
Get Alerts SHOP Hot Sheet
Price: $146.58 --0%

Rating Summary:
    48 Buy, 16 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 10 | New: 19
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Piper Sandler analyst Michael Olson downgraded Shopify (NYSE: SHOP) from Neutral to Underweight with a price target of $56.00 (from $58.00).


For an analyst ratings summary and ratings history on Shopify click here. For more ratings news on Shopify click here.


Shares of Shopify closed at $73.79 yesterday.


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Analyst PT Change, Downgrades, Hot Downgrades