Investors hope for details in Shopify's response to short seller
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Shopify (SHOP) PT Raised to $95 at Barclays on 3Q Beat; 'Impressive Top-Line Performance From Plus & SMB Businesses'
November 1, 2017 12:05 PM EDTBarclays raised its price target on Shopify (NYSE: SHOP) to $95.00 (from $90.00) while maintaining a Equalweight rating, following the company's third quarter earnings report.
Analyst Deepak Mathivanan notes an improved outlook on the shares, as the company reported quarter earnings per share, gross profit and... More
Shopify (SHOP) Tops Q3 EPS by 6c, Revs Rise 72%
October 31, 2017 7:08 AM EDTShopify (NYSE: SHOP) reported Q3 EPS of $0.05, $0.06 better than the analyst estimate of ($0.01). Revenue for the quarter came rose 72% to $171.5 million versus the consensus estimate of $165.63 million.
In todays fast-changing retail environment, merchants large and small are hungry to leverage all that technology can do for them, stated Russ... More
