Market Overview

'Halftime Report' Traders Discuss Atlantic Equities' Call On Shopify


Tiffany McGhee of Momentum Advisors spoke on CNBC's "Fast Money Halftime Report" about Shopify Inc (NYSE: SHOP). The stock was initiated at Overweight with a price target of $1,150 at Atlantic Equities on Wednesday and the stock traded sharply higher. McGhee owns the stock and she likes it because it assists people to start a business and push past the pandemic.

Joe Terranova sold Shopify earlier this year and he doesn't want to chase the stock at these levels. He needs a correction to get back in.

Latest Ratings for SHOP

Jan 2021Roth CapitalMaintainsNeutral
Jan 2021KeyBancMaintainsOverweight
Jan 2021OppenheimerUpgradesPerformOutperform

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View the Latest Analyst Ratings


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Posted-In: CNBC Fast Money Halftime Report Joe Terranova Tiffany McGheeInitiation Analyst Ratings Media

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