KeyBanc analyst Justin Patterson lowered the firm’s price target on Shopify (SHOP) to $160 from $200 and keeps an Overweight rating on the shares.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHOP:
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
- U.S. Chess Champion Banking on Shopify and AppLovin in New Moves
- Shopify: Sustained 30%+ Growth and Demand Durability Make Stock Pullback a Buy Opportunity
- Unusually active option classes on open February 11th
- Morning Movers: Unity plunges following fourth quarter report
