Where Shopify Stands With Analysts
Within the last quarter, Shopify (NYSE:SHOP) has observed the following analyst ratings:
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Twitter Adds Shopping Buttons
What started as 140 characters and morphed into a destination platform for news and information as well as engagement with friends and like-minded individuals — is now embracing shopping.
Canaccord Genuity Maintains Hold on Shopify, Raises Price Target to $1450
Canaccord Genuity analyst David Hynes maintains Shopify (NYSE:SHOP) with a Hold and raises the price target from $1350 to $1450.
Mizuho Maintains Neutral on Shopify, Raises Price Target to $1500
Mizuho analyst Siti Panigrahi maintains Shopify (NYSE:SHOP) with a Neutral and raises the price target from $1300 to $1500.
Roth Capital Maintains Buy on Shopify, Raises Price Target to $1800
Roth Capital analyst Darren Aftahi maintains Shopify (NYSE:SHOP) with a Buy and raises the price target from $1750 to $1800.
10 Biggest Price Target Changes For Thursday
Canaccord Genuity cut Theratechnologies Inc. (NASDAQ: THTX) price target from $8 to $3. Theratechnologies shares gained 4.5% to close at $3.71 on Wednesday.
Cathie Wood Doubles Down On Teladoc, Spotify, Shopify As Stocks See Earnings-Related Dips
Cathie Wood-led Ark Investment Management on Wednesday piled up 713,842 shares, estimated to be worth about $108.37 million, in Teladoc Health Inc (NYSE: TDOC), a day after the telemedicine company
RBC Capital Maintains Outperform on Shopify, Raises Price Target to $1800
RBC Capital analyst Paul Treiber maintains Shopify (NYSE:SHOP) with a Outperform and raises the price target from $1700 to $1800.
Cathie Wood’s Ark ETFs Underperformed The Broader Market In Q2, With Workhorse, Virgin Galactic, Coinbase, Teladoc Taking Big Toll
ARK Invest, the New York-based investment management firm led by the popular money manager Cathie Wood, saw its five actively managed exchange-traded funds and two self-indexed ETFs underperform the S&P 500 index in the second quarter.
Stocks That Hit 52-Week Highs On Wednesday
Before 10 a.m. ET Wednesday, 138 stocks hit new 52-week highs.