Shopify Announces Third-Quarter 2020 Financial Results
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Shopify (SHOP) PT Raised to $1,290 at RBC Capital Following EPS
October 29, 2020 1:12 PM EDTRBC Capital analyst Mark Mahaney raised the price target on Shopify (NYSE: SHOP) to $1,290.00 (from $1,250.00) while maintaining an Outperform rating following results.
The analyst commented, "Shopify posted a Solid Beat Q2, w/ Revenue & Op Income well ahead of RBC/Street. GMV... More
Shopify (SHOP) Tops Q3 EPS by 62c, Revenue Beats
October 29, 2020 7:04 AM EDTShopify (NYSE: SHOP) reported Q3 EPS of $1.13, $0.62 better than the analyst estimate of $0.51. Revenue for the quarter came in at $767.4 million versus the consensus estimate of $653.22 million.
Financial Outlook:
While Shopify expects both sellers and buyers to continue adopting... More
