Investors adjust stakes in Shopify, with financial institutions setting an average target price of $98.08.

In the third quarter, several investors adjusted their stakes in Shopify Inc., with Insigneo Advisory Services reducing holdings while Integrated Wealth Concepts and National Bank of Canada increased theirs. Various financial institutions raised their price targets, giving Shopify an average target of $98.08 and a "Moderate Buy" rating. Shopify, valued at $152.94 billion, offers a commerce platform enabling merchants to manage sales across multiple channels.

4 months ago
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