Analysts Upgrade Shopify to Buy Amid Stock Downturn
Analysts from top financial institutions have upgraded their ratings on Shopify to Buy, citing the company’s potential in artificial intelligence and e-commerce. Despite recent stock performance, experts believe Shopify may be a strong buying opportunity with a 6.43% upside potential according to the average price target.
Google Cloud, Shopify, and Cognizant Collaborate to Offer New Enterprise Retail Solution
Google Cloud, Shopify, and Cognizant have joined forces to offer a new solution for enterprise retailers, combining the strengths of Shopify’s commerce platform, Google Cloud’s cloud infrastructure, and Cognizant’s retail industry expertise. The collaboration aims to help retailers modernize and leverage technologies like generative AI to meet evolving consumer expectations. This partnership underscores the increasing significance of technological innovation in the retail sector.