Shopify (SHOP) investors saw the stock gaining +6.74% the last 5 days, which means it sits at +48.35% YTD.
Let's go through Shopify news for this week together:
LEGEND: Positive News | Neutral News | Negative News
1. $25M RAISED
Triple Whale, a Shopify platform partner, has raised $25M with Shopify being part of this deal.
This company offers Shopify store owners a single platform for their analytics to ultimately help them market better and get more insights into their campaigns and efforts. They also have some AI built into the mix.
Having Shopify as one of the investors in this company gives a vote of confidence that Shopify is always looking to invest in its ecosystem - and sometimes those deals come from partners they work with.
| RATING | PRICE TARGET | FIRM |
| Buy | $56 | Roth Capital |
| Sector Perform | $43 | Scotiabank |
| Neutral | $54 | Citigroup |
We look forward to spending a few minutes with you next Sunday for some new Shopify news!
Disclosure: I am not a Shopify (SHOP) shareholder at the time of publishing.
