Shopify (SHOP) Tops Q2 EPS by 4c; Guides Revs Above the Street
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Shopify (SHOP) PT Raised to $40 at Baird; Top SMID-Cap Idea
August 3, 2016 3:44 PM EDTBaird analyst Colin Sebastian reiterated an Outperform rating and lifted his price target on Shopify (NYSE: SHOP) to $40.00 (from $34.00) following strong Q2 results. The stock remains a top SMID-cap idea.
Baird commented, "Shopify beat consensus expectations across all key top- and bottom-line metrics,... More
