Analysts Offer Insights on Technology Companies: Shopify (SHOP) and Shift4 Payments (FOUR)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Shopify (SHOP – Research Report) and Shift4 Payments (FOUR – Research Report) with bullish sentiments.
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Shopify (SHOP)
RBC Capital analyst Paul Treiber maintained a Buy rating on Shopify on March 12 and set a price target of $145.00. The company’s shares closed last Thursday at $90.59.
According to TipRanks.com, Treiber is a 5-star analyst with an average return of
Shopify has an analyst consensus of Moderate Buy, with a price target consensus of $131.94, which is a 38.6% upside from current levels. In a report issued on March 5, Wells Fargo also maintained a Buy rating on the stock with a $135.00 price target.
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Shift4 Payments (FOUR)
RBC Capital analyst Daniel Perlin maintained a Buy rating on Shift4 Payments on March 12 and set a price target of $154.00. The company’s shares closed last Thursday at $84.27.
According to TipRanks.com, Perlin has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Currently, the analyst consensus on Shift4 Payments is a Moderate Buy with an average price target of $127.50, which is a 41.6% upside from current levels. In a report issued on March 10, Raymond James also upgraded the stock to Buy with a $140.00 price target.
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