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Fly News Breaks for September 20, 2017
SHOP
Sep 20, 2017 | 09:48 EDT
Macquarie analyst Gus Papageorgiou raised Shopify's price target to $146 from $121 and continues to recommend shares saying its competitive position is virtually unassailable, the Capital business is underestimated by the Street, and sees a seasonally strong quarter ahead. The analyst rates Shopify an Outperform.
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