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flag Rothschild Redburn boosts Shopify’s target to $200, citing AI partnership with OpenAI as major growth driver.

flag Rothschild Redburn raised Shopify’s price target to $200 from $180 and kept its Buy rating, citing the company’s new partnership with OpenAI’s ChatGPT as a key growth driver. flag The integration allows Shopify merchants to offer an AI-powered sales channel, with ChatGPT acting as a virtual shopping assistant for customers. flag The firm believes the collaboration enhances the online shopping experience and could boost sales. flag The upgrade reflects growing confidence in Shopify’s strategic direction and long-term potential, especially as AI adoption accelerates in e-commerce.

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