Information Provided By:
Fly News Breaks for February 16, 2017
SHOP
Feb 16, 2017 | 07:36 EDT
Credit Suisse analyst Michael Nemeroff raised his price target for Shopify to $70 from $50 after the company reported another "very strong quarter." The analyst continues to believe that the shares deserve to trade at a premium valuation due to the company's superior products, consistently better than expected quarterly results, a highly capable management team, and significant growth prospects. He reiterates an Outperform rating on the shares.
News For SHOP From the Last 2 Days
There are no results for your query SHOP
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.