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Benzinga
Benzinga
Business
Priya Nigam

Shopify's Europe Growth Impresses, But Analyst Still Holds Back

Shopify SHOP Europe Shopify Inc TD Cowen Daniel Chan
Momentum Meets Caution

Backed by expansion opportunities, Shopify Inc (NASDAQ:SHOP) continues to "demonstrate solid growth,” according to TD Cowen.

The Shopify Analyst: Analyst Daniel Chan resumed coverage with a Hold rating, while raising the price target from $130 to $156.

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