Rockcliffe Capital Initiates Coverage on Shopify Inc. (TSX: SHOP | NYSE: SHOP) with a “BUY” Rating and 12-Month Price Target of $130 USD

TORONTO, June 19, 2025 (GLOBE NEWSWIRE) -- Rockcliffe Capital is pleased to announce the initiation of equity research coverage on Shopify Inc. (TSX/NYSE: SHOP), one of North America’s leading cloud-based commerce platforms empowering millions of merchants globally. Following a comprehensive fundamental and technical review, Rockcliffe Capital assigns Shopify a “BUY” rating, supported by a 12-month price target of $130 USD, representing meaningful upside from current levels. “Shopify stands at the intersect ...