Shopify (SHOP) Stock Soars 8.7% After Upgrade and Positive Sentiment

TLDR Shopify’s stock surged by 8.7% after receiving an upgrade from MoffettNathanson and positive sentiment from investors. MoffettNathanson upgraded Shopify’s stock from “Neutral” to “Buy” and set a new price target of $150.00. The upgrade boosted investor optimism ahead of Shopify’s upcoming quarterly earnings announcement. Shopify’s stock has been volatile with 33 moves greater than [...]

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