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Shopify Stock Price Target Raised to $185 by JPMorgan Chase & Co.

Guavy AI Editorial Team
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JPM
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Shopify's stock price target has been raised to $185 by JPMorgan Chase & Co., indicating a potential upside of 26.02% from its previous close.

The brokerage firm currently holds an 'overweight' rating on the software maker's stock, and this is not the only recent boost to Shopify's valuation.

Goldman Sachs increased their price objective on shares of Shopify from $170.00 to $194.00 and gave the company a 'buy' rating in a report on Thursday.

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