Citizens Reaffirms Outperform Rating on Shopify (SHOP) as European Share Expands

Shopify Inc. (NASDAQ:SHOP) ranks among the best high growth stocks to buy now. Citizens reaffirmed its $185 price target and Market Outperform rating on Shopify Inc. (NASDAQ:SHOP) on December 4, emphasizing the company’s impressive European performance as a major factor in future profitability. This came after Shopify’s Q3 results, in which the company continued to expand its gross merchandise volume and revenue by more than 30% each. In Q3, 21% of Shopify’s entire revenue came from Europe, compared to l ...