SHOP - Shopify Enjoys Growth On Heels Of Black Friday: Here's What Analysts Have To Say | Benzinga
Shopify Inc (NYSE: SHOP) shares climbed in early trading on Monday, after reporting blockbuster Black Friday results.
- RBC Capital Markets analyst Paul Treiber maintained an Outperform rating and price target of $80.
- Oppenheimer analyst Ken Wong reiterated an Outperform rating and price target of $80.
- Needham analyst Anna Andreeva reaffirmed a Hold rating on the stock.
Check out other analyst stock ratings.
RBC Capital Markets: Shopify’s Black Friday sales grew 22% year-on-year to a record high of $4.1 billion, Treiber said in a note. "Peak sales per minute were $4.2MM, an increase of 20% Y/Y, with ...