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Shopify Sees Price Target Cut By Deutsche Bank
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Relevance Score
On February 12, Deutsche Bank reduced its price target for Shopify Inc. to $175 from $195 while retaining a Buy rating, citing adjustments to fiscal 2026–2027 earnings driven mainly by tax-rate assumptions. The bank highlighted Shopify’s push into “Agentic commerce” and reported Campaigns merchant use tripled and revenue doubled in 2025, signaling continued momentum in long-term growth plans.
