Reported 10 days ago
Shopify Inc. (NASDAQ:SHOP) has reinforced its position as a leading software investment by integrating OpenAI's ChatGPT for merchants to sell through Instant Checkout. Benchmark has raised its price target for Shopify to $195, citing a potential 25% upside. This integration not only enhances Shopify's offerings but also positions it favorably against competitors by providing a modular commerce solution that leverages AI. Despite acknowledging SHOP's investment potential, there are other AI stocks seen as offering higher upside with lower risk.
Source: YAHOO