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Fly News Breaks for August 3, 2016
SHOP
Aug 3, 2016 | 12:06 EDT
Piper Jaffray analyst Samuel Kemp raised his price target on Shopify to $40 from $32 after the company reported what he called "another strong quarter," with revenue and merchant additions that topped expectations. The firm keeps an Overweight rating on Shopify shares.
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