Shopify delivers upbeat holiday forecast as AI draws customers, shares surge

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Shopify (SHOP) PT Raised to $125 at Evercore ISI

November 12, 2024 2:12 PM EST

Evercore ISI analyst Mark Mahaney raised the price target on Shopify (NYSE: SHOP) to $125.00 (from $80.00) while maintaining a Outperform rating.

The analyst comments "Our View: We maintain our Outperform rating and raise our PT to $125 (from $80) on SHOP in the wake... More