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SHOP News and Press, Shopify Inc. Class A Subordinate From 04/29/24

Stock Information

Company Name: Shopify Inc. Class A Subordinate
Stock Symbol: SHOP
Market: NYSE
Website: shopify.com

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SHOP - Citi Just Raised Its Price Target on Shopify (SHOP) Stock

2024-04-29 10:46:31 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shopify (NYSE: SHOP ) stock is on the rise Monday after getting positive analyst coverage from Citigroup this morning. That starts with the firm’s analysts increasing...

SHOP - Shopify shares buoyed by upgrade at Citi to Buy

2024-04-29 09:26:53 ET Shares of Shopify ( NYSE: SHOP ) are getting a boost on Monday thanks to Citigroup’s upgrade of the stock to Buy -- with a High Risk qualifier -- from Neutral. Citigroup also hiked its price target by 13% to $105 amid a more resilient e-commerce backd...

SHOP - Shopify: Inflection Point Likely Arrived As Fears Peaked (Rating Upgrade)

2024-04-29 08:30:00 ET Summary I cautioned Shopify investors to be wary in early February. SHOP stock has plunged into a bear market. Shopify's ability to improve its guidance will be likely assessed. SHOP needs to demonstrate improved growth momentum with enterprise customers...

SHOP - Shopify Direct Sales Should Win As Amazon Shifts Toward 'Pay To Play' Model

2024-04-29 05:53:57 ET Summary As Amazon transitions toward a "Pay to Play" vendor ad model, its value to vendors and customers is increasingly compromised, expanding the potential for direct sales. Shopify's highly integrated platform with social media reach makes it far more val...

SHOP - Shopify snaps six-day winning streak

2024-04-24 16:02:41 ET More on Shopify Shopify Stock: Don't Buy The Dip Just Yet Shopify: Wait For The Inevitable Dip Shopify: A Growth Story That Needs A Shift In Course Shopify incentivizes employees to improve skills for higher pay - report (update) ...

SHOP - Shopify incentivizes employees to improve skills for higher pay - report (update)

2024-04-23 13:28:00 ET Updated 4/23 12:27ET: To reflect a correction from The Information. Shopify ( NYSE: SHOP ) is taking an “unconventional approach” to raises by assigning scores to its 8,300 employees representing their skill level making them eligible for...

SHOP - Shopify Stock: Don't Buy The Dip Just Yet

2024-04-23 10:22:32 ET Summary Shopify's financial growth is impressive, but investors should exercise caution due to the company's current valuation. The company's cost-cutting measures and improved free cash flow are positive indicators, but slowing top-line growth is a problem ...

SHOP - 1 Wall Street Analyst Thinks Shopify Stock Is Going to $85. Is It a Buy at Around $69?

2024-04-20 05:29:00 ET The rapid growth rates Shopify (NYSE: SHOP) has displayed since 2020 could continue through 2030, at least according to Morgan Stanley analyst Keith Weiss. Since mid-2020, the leading e-commerce platform has reported annual revenue gains above 20% quar...

SHOP - Shopify stock price forecast: Morgan Stanley sees a 20% upside

2024-04-19 08:49:50 ET Shopify Inc (NYSE: SHOP) is in the green at writing after a Morgan Stanley analyst issued a bullish note in its favour. Shopify stock could climb to $85 Keith Weiss upgraded the eCommerce giant this morning to “overweight” and raised his pric...

SHOP - 4 stocks to watch on Friday: PG, AXP and more

2024-04-19 08:48:00 ET U.S. stock index futures on Friday pointed to a largely flat open. Geopolitical concerns were back in the spotlight as market participants digested fresh developments in the Middle East. Netflix ( NFLX ) was set for a negative open following its earnings on Th...

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