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Shopify Inc. (SHOP)

NYSE - Nasdaq Real-time price. Currency in USD
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68.53+4.32 (+6.73%)
As of 12:33PM EDT. Market open.
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  • Yahoo Finance Video

    Shopify shares pop on Bank of America upgrade to Buy

    Shopify (SHOP) stock is jumping Tuesday morning following an upgrade from Bank of America. The firm has raised its rating on the e-commerce platform to Buy from Neutral and increased its price target to $82 from $78. Analysts believe Shopify's revenue growth alongside its disciplined approach to spending will create improved margin growth in the coming quarters. Morning Brief co-hosts Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith


    Shopify Stock Is Rising After Upgrade. It’s ‘Turned a Corner’ on Growth.

    Shopify stock was climbing Tuesday after an upgrade of the e-commerce platform’s stock. BofA Securities analyst Brad Sills upgraded Shopify stock to Buy from Neutral, and raised his price target to $82 from $78, which implies a 28% increase to the stock’s closing price Monday of $64.21. “Following years of declining margin, we believe that the company has turned a corner on balanced growth and margin, under new CFO Jeff Hoffmeister,” Sills wrote in a research note.

  • Zacks

    Shopify (SHOP) Stock Declines While Market Improves: Some Information for Investors

    Shopify (SHOP) closed the most recent trading day at $64.21, moving -1.05% from the previous trading session.