Shopify gains BoA's confidence thanks to strong revenue projections
Shopify Inc (TSX:SH., NYSE:SHOP) shares are now a Buy in the eyes of Bank of America thanks to balanced growth, margin expansion, and strong future revenue and free cash flow projections under new CFO Jeff Hoffmeister.
Shopify Stock Climbs After Bank of America Analysts Say It's 'Turning a Corner'
Shopify (SHOP) shares rose Tuesday after an upgrade from Bank of America, which argued that the online payments platform is “turning the corner.”
Shopify's stock looks to snap six-session losing streak after BofA upgrade
Analyst Brad Sills upgraded Shopify shares SHOP, +8.44% to buy from neutral on Tuesday, writing that the Canada based e-commerce company is “turning a corner on balanced growth and margin.”
Why Shopify Stock Dropped 15% in the First Half of 2024
Shopify is expanding its customer base with new products targeting larger clients. It's scaling down to meet current demand and become more efficient.
Why Bank of America is Bullish on Shopify Stock
The shares of Shopify Inc (NYSE:SHOP) are up 5.3% before the bell, after landing an upgrade at Bank of America to "buy" from "neutral" and price-target hike to $82 from $78.
Shopify Stock Is Rising After Upgrade
BofA Securities upgraded shares of e-commerce platform Shopify to Buy from Neutral.
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood bought shares of Shopify, Blade Air Mobility, and Tempus AI on Monday. Shopify and Blade Air are trading lower in 2024.
Shopify (SHOP) Stock Declines While Market Improves: Some Information for Investors
Shopify (SHOP) closed the most recent trading day at $64.21, moving -1.05% from the previous trading session.
Brokers Suggest Investing in Shopify (SHOP): Read This Before Placing a Bet
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Why Shopify (SHOP) Could Beat Earnings Estimates Again
Shopify (SHOP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Why Did Shopify Stock Rise 12% Last Month?
Online sales were one of the few bright spots in last month's retail sales data. The stock's momentum was interrupted by the Fed's announcement to keep interest rates steady.
