Deutsche Bank Retains Buy Rating on Shopify (SHOP), Highlights Momentum in Agentic Commerce

Shopify Inc. (NASDAQ:SHOP) ranks among the best stocks to buy now for long term growth. On February 12, Deutsche Bank reduced its price target for Shopify Inc. (NASDAQ:SHOP) to $175 from $195 while retaining a Buy rating on the company’s shares. The firm attributed the target revision to adjustments in earnings estimates for fiscal years 2026 and 2027, predominantly due to tax rates. According to Deutsche Bank, Shopify Inc. (NASDAQ:SHOP) has been making concrete efforts to lead in “Agentic commerce,” whi ...