Inside the Market’s roundup of some of today’s key analyst actions

While investors reacted negatively to the third-quarter financial report from Shopify Inc. (SHOP-Q, SHOP-T), D.A. Davidson analyst Gil Luria sees the Ottawa-based e-commerce giant “extending its lead as the platform provider of choice.”

“Shopify exceeded lofty expectations with recent agentic commerce announcements supporting the bull case that Shopify is in an advantageous position to monetize its growing customer base of global enterprises and D2C brands. While the initial stock reaction was negative with the broader market down [Tuesday], results this quarter were strong with all key growth metrics ex-MRR above consensus and total CC revenue growth at 30 per cent, an outlier in the current macro.”

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