Shopify attracts a new bull rating as Needham points to 'durable' growth opportunity

4 hours ago 1
Shopify sign on their headquarters building in Ottawa, Ontario, Canada

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Needham initiated coverage on Shopify (NASDAQ:SHOP) on Monday with a Buy rating.

Analyst Scott Berg and his team noted that while Shopify (NASDAQ:SHOP) is widely considered a generational software company, the firm believes the company remains in only the mid-cycle

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