Shopify sees slowing revenue growth, higher spending; shares tank

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Shopify (SHOP) continues lower, shares another down 6.3%

February 17, 2022 10:27 AM EST

Shopify (NYSE: SHOP) continues lower, shares another down 6.3%.

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Shopify (SHOP) PT Lowered to $1,350 at Jefferies

February 17, 2022 8:06 AM EST

Jefferies analyst Samad Samana lowered the price target on Shopify (NYSE: SHOP) to $1,350.00 (from $1,800.00) while maintaining a Buy rating.

The analyst commented, "A few incremental takeaways after the call were: 1) ex the ~$21M headwind from the change in partner economics sub rev would have... More

Shopify (SHOP) PT Lowered to $1,000 at Stifel

February 16, 2022 1:31 PM EST

Stifel analyst Scott Devitt lowered the price target on Shopify (NYSE: SHOP) to $1,000.00 (from $1,300.00) while maintaining a Buy rating following results.

The analyst commented, "Alongside 4Q results, Shopify provided guidance for 2022 that signals material margin deleverage and a multi-year investment plan that focuses on... More