Shopify (SHOP) has received bullish reviews from Goldman Sachs, as the investment bank upgraded its rating on the e-commerce platform's stock to Buy from...
) has received bullish reviews from Goldman Sachs , as the investment bank upgraded its rating on the e-commerce platform's stock to Buy from Neutral. In addition to the rating change, Goldman Sachs also raised its price target on the stock to $74 from $67.
So they're looking at it and seeing all of that, that is perhaps priced in and not justified, given that, um, and they talk about the the company has been investing in what they call large adjacency.That will be a creative over time.Yeah, there are some downside risks, they point out.That would that would pressure GMV shares in E commerce could be a impact, they said, by kind of aggressive investment from companies rivals.
People Are Sharing Famous Companies That Went Bankrupt Over Dumb Decisions, And Now I Finally Know What Happened To Circuit City A Once-in-a-Generation Investment Opportunity: 1 High-Yield Dividend Stock to Buy Now and Hold Forever This May
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs settles 2014 lawsuit over platinum and palladium price fixingThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Goldman Sachs stock not ideal 'at today's price': StrategistOn today's edition of Good Buy or Goodbye, Market Domination's Julie Hyman is joined by Great Hill Capital Chairman and Managing Member Thomas Hayes to delve...
Read more »
Goldman Sachs Shares Rise to Notch First Record High Since 2021Goldman Sachs Group Inc. shares rose to a record on Tuesday, eclipsing their previous closing high set more than two years ago.
Read more »
Goldman Sachs, BofA shareholders reject proposals for CEO-chair splitExplore stories from Atlantic Canada.
Read more »
Goldman Sachs, Bank of America shareholders reject proposals for CEO-chair splitThe vote ‘indicates the majority of shareholders are happy with those company performances, as well as pay packages, and didn’t want to risk rocking the boat by altering oversight,’ analyst says
Read more »
Hedge Funds Step Up Purchases of Tech Stocks, Goldman Sachs SaysThe risk-on momentum in technology stocks last week wasn’t lost on hedge funds, who scooped up the sector’s companies at the fastest clip in more than a year.
Read more »