Shopify Stock Has Dropped a Ton. Is It Time to Buy?

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Jan. 12, 2022 11:09 americium ET

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Dreamstime

Shopify banal has gotten deed hard during the caller tech selloff. William Blair expert Matthew Pfau says it’s a buying opportunity

In a enactment Wednesday, Pfau upgraded Shopify (ticker: SHOP) to an Outperform from Market Perform, saying the Canadian e-commerce elephantine has the imaginable to boost gross by astir 30% implicit the adjacent respective years.

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