Shopify (NYSE:SHOP) Rating Increased To Outperform At Wedbush

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Shopify ( NYSE:SHOP ⁘ Get Free Report ) (TSE:SHOP) was upgraded by equities research analysts at Wedbush from a ⁘neutral⁘ rating to an ⁘outperform⁘ rating in a report released on Monday, Briefing.com Automated Import reports. The firm presently has a $125.00 price target on the software maker's stock, up from their previous price target of $115.00. Wedbush's target price indicates a potential upside of 14.42% from the stock's current price.