Wedbush Raises Price Target on Shopify (SHOP); Expects Growth to Continue From Healthy Merchant Additions

Canaccord Genuity Upgrades Shopify (SHOP) to Buy

February 18, 2016 7:58 AM EST

Canaccord Genuity upgraded Shopify (NYSE: SHOP) from Hold to Buy.

For an analyst ratings summary and ratings history on Shopify click here. For more ratings news on Shopify click here.

Shares of Shopify closed at $22.37 yesterday.

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Shopify (SHOP) Tops Q4 EPS by 5c; Issues Q1, FY16 Guidance

February 17, 2016 7:02 AM EST

Shopify (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

Tiger Global Management's 13F Shows New Stake in Apple (AAPL), Intrexon (XON), Restaurant Brands (QSR), Liquidates Kate Spade (KATE) ...

February 16, 2016 3:52 PM EST

Tiger Global Management filed its 13F for the quarter ending Dec., 2015. Below is a summary.

New Stakes
American Farmland Company (NYSE: AFCO) new 60,000 share position
Apple Inc. (NASDAQ: AAPL) new 10,600,000 share position
Atlassian (NASDAQ: TEAM) new 500,000 share position
Cal-Maine Foods, Inc. (NASDAQ: CALM) new 70,394 share position
INTREXON CORP (NYSE: XON) new 1,675,000 share position
Microsoft Corp. (NASDAQ: MSFT) new 410,000 share... More

Trading Radar for 2/17: Marriott (MAR), NVIDIA (NVDA), Priceline (PCLN), Barrick Gold (ABX), Albemarle (ALB) Report

February 16, 2016 3:29 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

PPI - Street sees (0.2%)Core PPI - Street sees 0.0%Housing Starts - Street sees 1.171MBuilding Permits - Street sees 1.200M

9:15am EST

Industrial Production - Street sees 0.3%Capacity Utilization - Street sees 76.6%

Earnings:

AMAG Pharma (Nasdaq: AMAG) - consensus EPS $1.16
Albany Molecular Research (Nasdaq: AMRI) - consensus EPS $0.36... More

Piper Jaffray Starts Shopify (SHOP) at Overweight

February 16, 2016 6:31 AM EST

Piper Jaffray initiates coverage on Shopify (NYSE: SHOP) with a Overweight rating and a price target of $25.00.

Analyst Gene Munster commented, "We are initiating on shares of SHOP with on Overweight rating and $25 price target (5x '17 EV/Sales), based on the... More