Analyst Ratings Signal Upside for Shopify and Apple Shares

Wedbush upgraded Shopify Inc. to an "Outperform" rating and set a price target of $155, up from the Friday close of $123.56. The target implies about a 25 % upside and follows Shopify’s 34 % year‑over‑year revenue growth in Q1 2026, the strongest in four years.

Jefferies maintained a "Hold" rating on Apple Inc., keeping its price target at $299.88 despite the stock closing at $333.74, roughly 11 % above the target. Analyst Edison Lee warned that recent optimism stemming from a Chinese approval for Apple Intelligence may be overstated, suggesting limited further upside.

Both analysts highlight the contrast between recent market enthusiasm and their more cautious valuation outlooks for these leading tech stocks.