Shopify Inc’s (SHOP) Target Price Lowered Amid Lower Software Valuation Concerns

Shopify Inc. (NASDAQ:SHOP) is one of the 10 best beaten down software stocks with the highest upside potential. On February 16, Jefferies analyst Samad Samana reaffirmed a Hold rating on Shopify Inc. (NASDAQ:SHOP) while lowering the firm’s price target. The analyst cut the firm’s price target on the stock from $160 to $125. According to the analyst, the company delivered strong fourth-quarter results and provided encouraging guidance for the first quarter of 2026. Jefferies also adjusted its financial mode ...