Shopify (SHOP) has room for revenue upside - Oppenheimer
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Data indicates healthy growth for Shopify (SHOP) merchants in Q1 - RBC Capital
April 17, 2023 9:27 AM EDTData from multiple sources indicates healthy trends at Shopify (NYSE: SHOP) merchants in the first quarter, according to RBC Capital analyst Paul Treiber, who reiterated an Outperform rating and $65 price target on the stock.
He told investors in a research note Monday that data indicates healthy growth in... More
RBC Capital Reiterates Outperform Rating on Shopify (SHOP) on 'Healthy' Q1 Merchant Trends
April 17, 2023 6:52 AM EDTRBC Capital analyst Paul Treiber reiterated an Outperform rating and $65.00 price target on Shopify (NYSE: SHOP) as data suggests healthy trends at Shopifys merchants in Q1.
The analyst commented, "Data from multiple sources indicates healthy growth in Shopifys merchants, better than... More
Shopify (SHOP) has room for upside - Oppenheimer
April 13, 2023 9:36 AM EDTShopify (NYSE: SHOP) has room for potential upside to consensus estimates for FY23 and FY24, according to Oppenheimer analyst Ken Wong.
He told investors in a note that when the firm incorporates all historical cohorts into its forecast, "total revenue... More
Software stocks to own heading into Q1 EPS - MS
April 13, 2023 5:50 AM EDTMorgan Stanley analyst Keith Weiss: "We favor NOW, which features defensible subscription model, broad solution portfolio and potential for OI/FCF upside. RAMP, where a reduced FY23 outlook, improving sales force efficiency and scaling GTM partnerships create a conservative set-up coupled with low investor expectations. Tactically, we see a... More
Shopify (SHOP) raised at JMP Securities as it 'continues to take share'
April 12, 2023 8:03 AM EDTShopify (NYSE: SHOP) was upgraded to Market Outperform from Market Perform with a $65 per share price target at JMP Securities on Wednesday.
Analyst Andrew Boone explained that after his firm analyzed the OpEx structure across the website builders, assessed third-party website traffic data, and... More
JMP Securities Upgrades Shopify (SHOP) to Market Outperform, 'leader in commerce enablement and continues to take share'
April 12, 2023 2:41 AM EDT(Updated - April 12, 2023 3:44 AM EDT)
JMP Securities analyst Andrew Boone upgraded Shopify (NYSE: SHOP) from Market Perform to Market Outperform with a price target of $65.00.
The analyst comments "After analyzing the OpEx structure across the website builders, assessing third-party website traffic data,... More
Needham & Company Starts Shopify (SHOP) at Hold
April 11, 2023 6:11 AM EDT(Updated - April 11, 2023 6:11 AM EDT)
Needham & Company analyst Anna Andreeva initiates coverage on Shopify (NYSE: SHOP) with a Hold rating.
The analyst comments "We initiate coverage on SHOP with a Hold rating. While we are impressed by SHOP's TAM... More
