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-0.00063081756796494 -0.00253617796836916 -0.00562794007362181 -0.00850451243850163 -0.0106803812786032 -0.01328036014686 -0.00401558438397365 -0.00771161108151559
Stock impact report

The Ratings Game: Shopify price targets soar after earnings [MarketWatch]

Shopify Inc. Class A Subordinate Voting Shares (SHOP) 
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.shopify.com/home/default.aspx
Company Research Source: MarketWatch
Shopify price targets soar after earnings Shopify Inc. price targets soared at a number of research groups after the company, which provides retail management services to more than one million merchants, reported an adjusted profit and revenue that beat expectations. Raymond James’ price target leapt to $600 from $365. “We reiterate our outperform rating on Shopify following a solid Q4 2019 print and above consensus 2020 outlook, which should give investors confidence in the sustainability of the above market growth profile,” analysts led by Brian Peterson wrote. Read: Coronavirus could drive up out-of-stocks at stores by April: Wells Fargo Shopify SHOP, +2.03% has an average overweight stock rating and average target price of $552.26, based on a FactSet survey of 30 analysts. That’s up from an average price target of $400.69 on Jan. 31. Read more about Shopify’s earnings report on Wednesday . SunTrust Robinson Humphrey calls out a number of metrics from the earnings report, inc Show less Read more
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