UPDATE: Shopify (SHOP) PT Lowered to $37 at Citi
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Stifel on Shopify (SHOP): 'we believe it is likely that the company will reduce the pace of its investments'
July 26, 2022 11:23 AM EDTStifel analyst Scott Devitt reiterated a Buy rating and {REMOVEPT} price target on Shopify (NYSE: SHOP).
The analyst comments "In this morning's memo, CEO Tobi Lütke suggested that the growth rate of U.S. eCommerce adoption, per the US Census Bureau, is returning to a similar trajectory as before the pandemic. Through the... More
Shopify (SHOP) is now down 16% on major job cuts
July 26, 2022 9:54 AM EDTShopify (NYSE: SHOP) is now down 16% on major job cuts.
... MoreShopify (SHOP) PT Lowered to $41 at Credit Suisse
July 22, 2022 6:43 AM EDTCredit Suisse analyst Samad Samana lowered the price target on Shopify (NYSE: SHOP) to $41.00 (from $52.50) while maintaining a Neutral rating.... More
