Browsing: Rosenblatt

Add to Google Preferred Sources Rosenblatt Securities initiated coverage on Shopify with a Buy rating and a $175 price target, arguing that fears about artificial intelligence disrupting the e-commerce platform are overstated. Analyst Scott Devitt highlighted Shopify’s co-development of the Universal Commerce Protocol with Google and Shop Pay as positioning the company to benefit from…

Research analysts at Rosenblatt Securities initiated coverage on shares of Shopify (NASDAQ:SHOP – Get Free Report) TSE: SHOP in a report released on Thursday. The brokerage set a “buy” rating and a $175.00 price target on the software maker’s stock. Rosenblatt Securities’ target price suggests a potential upside of 19.39% from the company’s current price.