Guggenheim initiates coverage on Shopify (NYSE:SHOP) with a Buy rating following the company's Q2 earnings report.
Shares of Shopify are down 12% over the last month, but have been on a gentle upswing since the unexpected quarterly profit was reported on July 31.
SHOP +1.11% premarket to $143.25.
Now read: Shopify: To The Moon Or Bust? »
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