Shopify (NASDAQ:SHOP – Get Free Report) (TSE:SHOP) had its target price upped by Wedbush from $155.00 to $176.00 in a report released on Thursday,Benzinga reports. Wedbush’s target price points to a potential upside of 20.21% from the stock’s current price. Truist Financial set a $180.00 target price on Shopify and gave the company a “buy” rating in a report on Wednesday. Based on data from MarketBeat, Shopify presently has an average rating of “Moderate Buy” and an average target price of $167.06. Beyond storefront software, Shopify offers a range of merchant services and tools designed to simplify commerce operations.