Shopify (SHOP) PT Raised to $90 at Canaccord Genuity on 1Q EPS/Revenue Beat; 'Continues to Deliver Exemplary Quarters'
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Price: $114.21 -2.27%
Rating Summary:
47 Buy, 17 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 14 | Down: 23 | New: 106
Rating Summary:
47 Buy, 17 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 14 | Down: 23 | New: 106
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Canaccord Genuity raised its price target on Shopify (NYSE: SHOP) to $90.00 (from $68.00) while maintaining a Buy rating, following the company's first quarter earnings results.
Analyst Richard Davis notes that management continues to execute in a challenging environment, as the company delivered first quarter earnings and revenue above consensus projections.
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