Stifel upgrades Shopify to buy, raises price target to $150 from $110
2026-07-10 11:47:14
According to CNBC, Stifel upgraded Shopify to buy from hold and raised its price target to $150 from $110, implying nearly 22% upside from Thursday’s close. Analyst J. Parker Lane said Shopify’s outsized gross merchandise value growth shows consistent share gains that could accelerate as agentic commerce—AI-powered bots that find and purchase goods—spreads, though he noted AI monetization in retail is still early and may take time to show up in the stock. Shares have fallen 23% in 2026, and 36 of 47 analysts covering Shopify rate the stock buy or strong buy.
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斯蒂费尔上调Shopify评级至买入