Canaccord Genuity Upgrades Shopify (SHOP) to Buy
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Wedbush Raises Price Target on Shopify (SHOP); Expects Growth to Continue From Healthy Merchant Additions
February 18, 2016 8:38 AM ESTWedbush reiterated an Outperform rating on Shopify (NYSE: SHOP), and raised the price target to $27.00 (from $25.00), following the company's 4Q earnings report. Revenue of $70.2 million was much higher than consensus $61.2 million. The company guided for FY16 revenues of $320 $330 million, considerably higher than consensus $287 million.... More
Shopify (SHOP) Tops Q4 EPS by 5c; Issues Q1, FY16 Guidance
February 17, 2016 7:02 AM ESTShopify (NYSE: SHOP) reported Q4 EPS of ($0.01), $0.05 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $70.2 million versus the consensus estimate of $61.2 million.
GUIDANCE:
Shopify sees Q1 2016 revenue of $65 - $67 million, versus the consensus of $62.1 million.... More
