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BBDO Singapore wins two-fold with new client Tafep
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Guggenheim Sticks to Its Hold Rating for Adobe (ADBE)
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Shopify (SHOP) Receives a Hold from Guggenheim
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Analysts Offer Insights on Technology Companies: Guidewire (NYSE: GWRE), Transdigm Group (NYSE: TDG) and Broadcom (NASDAQ: AVGO)
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Markets
In a report released yesterday, Kenneth Wong from Guggenheim maintained a Hold rating on Shopify (SHOP – Research Report). The company’s shares closed last Tuesday at $1123.01.
According to TipRanks.com, Wong is a 4-star analyst with an average return of 23.7% and a 66.7% success rate. Wong covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Guidewire, and Zendesk.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shopify with a $1468.78 average price target, representing a 29.1% upside. In a report issued on April 5, Credit Suisse also initiated coverage with a Hold rating on the stock with a $1350.00 price target.