A number of research firms have changed their ratings and price targets for Shopify (TSE: SHO):
- 7/21/2026 – Shopify was downgraded by Rothschild & Co Redburn from “strong-buy” to “hold”.
- 7/12/2026 – Shopify was upgraded by Jefferies Financial Group Inc. from “hold” to “strong-buy”.
- 7/10/2026 – Shopify was downgraded by Citigroup Inc. from “strong-buy” to “hold”.
- 7/10/2026 – Shopify was downgraded by BMO Capital Markets from “strong-buy” to “hold”.
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