UPDATE: SMBC Nikko Securities Starts Shopify (SHOP) at Outperform
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Shopify (SHOP) PT Lowered to $1,250 at KeyBanc
January 25, 2022 4:40 AM ESTKeyBanc analyst Josh Beck lowered the price target on Shopify (NYSE: SHOP) to $1,250.00 (from $1,750.00) while maintaining a Overweight rating.... More
Shopify eases concerns over fulfillment network changes, shares rebound
January 24, 2022 1:41 PM ESTBy Nivedita Balu
(Reuters) - Canada's Shopify Inc said on Monday proposed changes to its fulfillment network would help merchants on its ecommerce platform compete better with big retailers and would not reduce capacity, fueling a recovery in its shares.
Wall Street had raised concerns that the changes could mean big investments into Shopify's fulfillment network and moving from a capital-light model to owning distribution centers, something investors will likely question in the current market environment.
Shopify provides infrastructure for retailers to set up their stores online and generates revenue mainly through subscriptions and merchant... More
Shopify (SHOP) Says To Make Changes To Shopify Fulfillment Network To Help Merchants Compete With Big-box Retailers, Like Prioritizing 2-day Shipping At Affordable Prices - Reuters
January 24, 2022 1:40 PM ESTShopify (NYSE: SHOP) Says To Make Changes To Shopify Fulfillment Network To Help Merchants Compete With Big-box Retailers, Like Prioritizing 2-day Shipping At Affordable Prices - Reuters
... More
