Yahoo Finance

Wedbush upgrades Shopify (SHOP) to Outperform from Neutral and lifts its price target to $125 per share from $115. The analysts cite improving margins, expected operating income growth, and dominance in the e-commerce space.

Market Domination hosts Julie Hyman and Josh Lipton discuss the analyst note in further detail in the video above.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Naomi Buchanan.