Shopify Stock Rises After Upgrade. It Remains the ‘Dominant’ E-Commerce Platform.

Shopify Stock Rises After Upgrade. It Remains the ‘Dominant’ E-Commerce Platform.·Barrons.com

Shopify stock was getting a boost Monday morning following another analyst upgrade. Wedbush’s Scott Devitt lifted his rating for the shares to Outperform from Neutral, and bumped up his price target to $125 from $115. Shopify stock has gained 41% over the past 12 months.

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