Previous close | 0.6200 |
Open | 0.5700 |
Bid | 0.5400 |
Ask | 0.5800 |
Strike | 105.00 |
Expiry date | 2024-07-19 |
Day's range | 0.5700 - 0.5700 |
Contract range | N/A |
Volume | |
Open interest | 3.7k |
Shopify (SHOP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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Shopify stock was climbing Monday after an analyst upgraded shares of the e-commerce platform on confidence in growth. Citi analyst Tyler Radke upgraded shares of Shopify to Buy from Neutral, and increased his target price to $105 from $93, which implies a 47% increase in the stock price as of Friday’s close. “Our Deep-Dive analysis into SHOP’s Merchant Solutions business gives us confidence in SHOP’s long-term growth,” Radke wrote in a research note.