Recommended Apps

Morgan Stanley, RBC Capital Markets Release Research Notes on Shopify

Morgan Stanley, RBC Capital Markets Release Research Notes on Shopify

RBC Capital labelled Shopify as one of the most compelling growth stories. Meanwhile, Morgan Stanley slashed its price target on Shopify stock. Both the firms released research notes on the e-commerce giant on Tuesday. The price target on Shopify was lowered from $44 to $40. Investors were informed that Shopify’s competition with Amazon in fulfillment […]

By Shalu