DZ Bank analyst Axel Herlinghaus downgraded Shopify to Sell from Hold.
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Read More on SHOP:
- Scotiabank starts Shopify at Sector Perform on ‘robust’ valuation
- Shopify initiated with a Sector Perform at Scotiabank
- Amazon’s Buy with Prime puts up to 14% of Shopify revenue at risk, says UBS
- Shopify upgraded to Buy from Neutral at Roth Capital
- Shopify Stock Is up Over 40% This Year. How Much Higher Can It Go?