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Deutsche Bank reaffirms buy rating for Shopify with 150 dollar target

Deutsche Bank has reaffirmed its Buy rating on Shopify stock with a $150 price target, reflecting confidence in the company's market positioning and growth potential. Shopify is benefiting from retail trends such as unified commerce and Generative AI, alongside strong revenue growth of 25.78% over the past year. The company is gaining traction in the mid-market and enterprise segments, driven by dissatisfaction with existing vendors, while an expanded partnership with Affirm Holdings is set to enhance its payment services.
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United States Dollar Walmart Inc. Affirm Holdings, Inc. Shopify Inc. Deutsche Bank Money Market PP CAN Joe Biden Bhavin Shah Show more
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17:22 28.03.2025
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