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News 2026-10-12 12:31 UTC

Why Is Shopify Stock Gaining Monday?

Shopify Inc. (NASDAQ: SHOP ) stock is trading higher Monday in premarket trading after Cantor Fitzgerald analyst Deepak Mathivanan reiterated a Neutral rating and raised his price forecast from $145 to $158. Nasdaq futures are down 0.14% while S&P 500 futures have gained 0.03%. Earlier Analyst Activity The stock carrie