Roth Capital Lowers SHOP Target
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Business & Economics
Shopify price target lowered to $115 from $136 at Roth Capital

84% Informative
Roth Capital lowered the firm’s price target on Shopify (SHOP) to $ 115 from $ 136 and keeps a Buy rating on the shares.
Shopify has outperformed Roth Capital's survey work by 590 basis points the last four quarters .
Roth Capital says its merchant checks suggest some consumer softness trends in second half of March and first half of April .
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