Shopify Upgraded to ‘Outperform’ on Promising Growth Outlook

Shopify Share Retains Outperform Rating on Growth Trajectory

This milestone underscores the significant scale Shopify has reached and its impact on the e-commerce landscape. On Friday, Oppenheimer maintained a positive outlook on Shopify, reiterating an Outperform rating with a steady price target of $90.00. The firm's stance comes after discussions with Shopify's Head of Investor Relations, Carrie Gillard, which touched upon several aspects of the company's performance and strategy.