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Oppenheimer Reiterates Perform Rating on Shopify (SHOP) Following Updated Tracking Data

April 15, 2020 7:49 AM EDT

Oppenheimer analyst Koji Ikeda reiterated a Perform rating on Shopify (NYSE: SHOP) after updating the proprietary Shopfiy Merchant Website Tracker for April Week 2 data. The results show overall trafficvolumes for the tracker cohort increased 17% y/y during April Week 2.

The new data,... More