Form 6-K SHOPIFY INC. For: Jun 30

Go back to Form 6-K SHOPIFY INC. For: Jun 30

Shopify (SHOP) PT Raised to $1,650 at Stifel Following Earnings

July 28, 2021 12:56 PM EDT

Stifel analyst Scott Devitt raised the price target on Shopify (NYSE: SHOP) to $1,650.00 (from $1,600.00) while maintaining a Buy rating following results.

The analyst commented, "Shopify reported impressive 2Q:21 results above our estimates and consensus. GMV growth advanced +40% y/y against challenging prior... More