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Fly News Breaks for August 4, 2016
SHOP
Aug 4, 2016 | 08:39 EDT
Roth Capital analyst Darren Aftahi raised his price target for Shopify to $45 from $40 following the company's Q2 outperformance that showed year over year growth acceleration in merchants, gross merchandise volume, and overall sales growth, while improving operating loss quarter over quarter. The analyst reiterates a Buy rating on the shares.
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