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Browsing: Bernstein
On September 11, Bernstein analyst Mark Shmulik initiated coverage of Shopify Inc. (NASDAQ:SHOP), giving the stock an Outperform rating and setting the price target at $160.
On September 11, 2026, Bernstein analyst Mark Shmulik announced the initiation of coverage on Shopify SHOP with a rating of “Outperform.” The firm has set a price target of $160.00 for the stock.
Shopify (NASDAQ:SHOP) shares rose 2.5% in premarket trading after Bernstein SocGen Group initiated coverage of the e-commerce platform company with an Outperform rating and a $160 price target.
Bernstein took a bullish stance on Shopify, citing its broad merchant platform and potential to benefit as AI lowers barriers for new businesses.
After posting a 25% return in August, Bitcoin (CRYPTO: BTC) is suddenly back on the radars of many investors. Not surprisingly, Wall Street investment firms are now bumping up their price targets for Bitcoin.