Tech Stocks: What Analysts Are Saying About Eutelsat and Shopify

Analysts have been busy sharing their thoughts on tech stocks, specifically Eutelsat Communications and Shopify. Let's break it down. Eutelsat Communications is currently getting mixed reviews. One analyst, Alessandro Cuglietta from Kepler Capital, kept a "Hold" rating on the stock. He thinks the price might reach around EUR2. 50. The stock was recently trading at about $2. 40, which is close to its lowest point in the past year. Not everyone agrees with Cuglietta though. On average, analysts think the stock could be worth about $2. 97, which is a bit higher than where it is now. Some other analysts also say to "Hold" but think it might only reach EUR2. 00.Now, let's talk about Shopify. Morgan Stanley's Keith Weiss is feeling optimistic. He gave Shopify a "Buy" rating and thinks it could hit $192. 00. The stock was trading at around $112. 70 recently. Weiss is known for being a good analyst, with a success rate of 57. 9%. Most analysts agree with Weiss. They think Shopify is a "Strong Buy" and could reach about $163. 24, which is almost 50% higher than its current price. Even more good news came from Arete Research, which recently upgraded Shopify to a "Buy. " So, what's the big picture? Eutelsat is getting a "Hold" from most analysts, while Shopify is getting a lot of "Buy" ratings. It's always important to do your own research before making any investment decisions.