Investors should pick up shares of Shopify as the company continues to innovate in an increasingly artificial intelligence-powered e-commerce industry, according to Wells Fargo. Analyst Andrew Bauch reiterated his overweight rating on Shopify shares and lifted his price target by $18 to $125, which suggests the stock has about 19% upside ahead. Bauch said Shopify has a strong product portfolio and strategic partnerships in artificial intelligence that will allow it to capture similar market share in "agentic" commerce as it does in traditional U.S. e-commerce. Agentic commerce refers to AI agents acting on behalf of the customer or business in e-commerce transactions such as managing inventory, giving customized recommendations and executing payments and other tasks. "While not typically p
Wells Fargo calls this e-commerce stock an 'under

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