UPDATE: Shopify (SHOP) PT Lowered to $37 at Citi
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Stifel on Shopify (SHOP): 'we believe it is likely that the company will reduce the pace of its investments'
July 26, 2022 11:23 AM EDTStifel analyst Scott Devitt reiterated a Buy rating and {REMOVEPT} price target on Shopify (NYSE: SHOP).
The analyst comments "In this morning's memo, CEO Tobi Lütke suggested that the growth rate of U.S. eCommerce adoption, per the US Census Bureau, is returning to a similar trajectory as before the pandemic. Through the... More
Shopify (SHOP) is now down 16% on major job cuts
July 26, 2022 9:54 AM EDTShopify (NYSE: SHOP) is now down 16% on major job cuts.
... MoreShopify (SHOP) PT Lowered to $41 at Credit Suisse
July 22, 2022 6:43 AM EDTCredit Suisse analyst Samad Samana lowered the price target on Shopify (NYSE: SHOP) to $41.00 (from $52.50) while maintaining a Neutral rating.... More
