Shopify receives upgrade, price target lift from Goldman Sachs

) has received bullish reviews from Goldman Sachs, as the investment bank upgraded its rating on the e-commerce platform's stock to Buy from Neutral. In addition to the rating change, Goldman Sachs also raised its price target on the stock to $74 from $67.

So they're looking at it and seeing all of that, that is perhaps priced in and not justified, given that, um, and they talk about the the company has been investing in what they call large adjacency.That will be a creative over time.Yeah, there are some downside risks, they point out.That would that would pressure GMV shares in E commerce could be a impact, they said, by kind of aggressive investment from companies rivals.

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