Jefferies Raises Shopify (SHOP) Price Target to $130

Feb 19, 2025

Jefferies has revised its price target for Shopify (SHOP, Financial), increasing it from $110 to $130. Despite the upward adjustment, the firm maintains its "hold" rating on the stock. This update reflects Jefferies' outlook on Shopify's market position and potential growth prospects. Investors are advised to consider this new target while evaluating their investment strategies.

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