Wedbush Raises Price Target on Shopify (SHOP); Expects Growth to Continue From Healthy Merchant Additions
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Canaccord Genuity Upgrades Shopify (SHOP) to Buy
February 18, 2016 7:58 AM ESTCanaccord 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.
... MoreShopify (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
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 ESTTiger 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 ESTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EST
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 ESTPiper 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

