Shopify Posts Solid Q4, Analysts Expect Further Market Share Gains

Shares of Shopify Inc SHOP tanked in early trading on Wednesday, despite the company reporting a fourth-quarter revenue beat.Here are some key analyst takeaways.Piper Sandler analyst Clarke Jeffries reaffirmed a Neutral rating, while raising the price target from $94 to $104.Goldman Sachs analyst Gabriela Borges reiterated a Buy rating, while lifting the price target from $135 to $150.JPMorgan analyst Reginald Smith maintained an Overweight rating, while raising the price target from $121 to $124.Cantor Fit ...