Shopify (SHOP) call put ratio 1 call to 2 puts into quarter results

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Shopify (SHOP) PT Raised to $85 at Morgan Stanley

August 7, 2024 4:10 PM EDT

Morgan Stanley analyst Keith Weiss raised the price target on Shopify (NYSE: SHOP) to $85.00 (from $80.00) while maintaining a Overweight rating.

The analyst comments "Growth initiatives across Enterprise, POS & International enable Shopify to exceed top-line expectations despite an uneven macro. At the same time,... More