There was no mercy shown for most corners of the stock market during this month's bloodbath and growth stocks continued to get a sound beating. For example, with 2022 not even one month old, shares of Shopify (SHOP) are down 40% already. The new environment represents a challenging landscape for many. It is a time, then, for analyst revisions and they are coming thick and fast across the Street. Roth Capital’s Darren Aftahi still views Shopify as “one of the leaders in e-commerce,” but it’s time to readjust his model.
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Shopify (NYSE:SHOP)
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Shopify (NYSE:SHOP)
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