Shopify (SHOP) Tops Q3 EPS by 6c, Revs Rise 72%
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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
Investors hope for details in Shopify's response to short seller
October 30, 2017 7:04 AM EDTBy Alastair Sharp
TORONTO (Reuters) - Retail software company Shopify Inc (NYSE: SHOP) may not be willing to release as many operational details as some investors are hoping for in response to a short seller's criticism, a shareholder and several analysts said.
The Ottawa-based company, which provides software and back-end services to retailers, is expected to notch further sharp sales growth of roughly 67 percent versus a year ago but still no profit when it reports third-quarter earnings on Tuesday.
Shopify's founder and CEO Tobi Lutke has said he would use the... More
Monness, Crespi, Hardt Upgrades Shopify (SHOP) to Buy
October 27, 2017 7:54 AM EDTMonness, Crespi, Hardt upgraded Shopify (NYSE: SHOP) from Neutral 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 $104.11 yesterday.
... More