Already soaring, Shopify stock could see more Black Friday upside: Scotia Capital

By Yahoo! Finance | Nov 28, 2024 at 01:14 PM EST

Scotia Capital analysts expect Shopify stock to rise further after strong Black Friday predictions. Despite already exceeding peers in valuation, the company's positive newsflow may drive continued growth. Black Friday historically boosts sales, with estimates of over US$11 billion this year.

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