Dynamic Advisor Solutions LLC Has $490,000 Position in Shopify Inc. (NYSE:SHOP)
Summary
Citigroup cut their price target on Shopify from $36.00 to $35.00 and set a “neutral” rating for the company in a report on Tuesday, October 25th. Morgan Stanley increased their price objective on Shopify from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, October 28th. TD Securities increased their price objective on Shopify from $35.00 to $38.00 and gave the stock a “hold” rating in a research report on Friday, October 28th. Finally, Piper Sandler increased their price objective on Shopify from $32.00 to $36.00 and gave the stock a “neutral” rating in a research report on Friday, October 28th. The companys platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.