KeyBanc analyst Josh Beck raised his price target for Shopify (SHOP) to $350 from $300 as he walked away from three different e-commerce industry conferences more constructive on the runway for Plus, international and FinTech initiatives based on positive partner, developer and merchant feedback following an "impressive" array of product launches. The analyst has built a 100-plus line bottom-up segment model to better assess these drivers and sees gross merchandise volume eventually rivaling Amazon (AMZN) 1P sales. Beck reiterates an Overweight rating on Shopify's shares.