Shopify ( NYSE:SHOP – Get Free Report ) (TSE:SHOP) had its price objective upped by investment analysts at JMP Securities from $70.00 to $72.00 in a research report issued on Friday, MarketBeat Ratings reports. The brokerage presently has an 'outperform' rating on the software maker's stock. JMP Securities' target price would suggest a potential upside of 24.29% from the company's current price. SHOP has been the subject of several other reports. DZ Bank lowered Shopify from a 'hold' rating to a 'sell' rating and increased their price objective for the company from $47.

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