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Shopify has been under pressure this year. Bernstein says the decline is overblown

Summary by CNBC
The bank initiated coverage of the e-commerce company with an outperform rating.

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Shopify has been under pressure this year. Bernstein says the decline is overblown

The bank initiated coverage of the e-commerce company with an outperform rating.

·Englewood Cliffs, United States
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Bernstein Backs Shopify (SHOP) Despite Stock Drop, Is It Time to Buy?

On September 11, Bernstein analyst Mark Shmulik initiated coverage of Shopify Inc. (NASDAQ:SHOP), giving the stock an Outperform rating and setting the price target at $160. The analyst told investors in a research note that Shopify Inc. (NASDAQ:SHOP) is "perfectly positioned to lead the way" in…

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  • 100% of the sources lean Left
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CNBC broke the news in Englewood Cliffs, United States on Friday, September 11, 2026.
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