Morgan Stanley reiterates “Overweight” rating on Shopify (SHOP.US): In the era of fragmentation, platforms are even more valuable

Zhito Finance APP noted that after the release of the third-quarter report, Shopify (SHOP.US) shares came under pressure because the "degree of outperformance was not sufficient." However, Morgan Stanley made it clear in its latest research report that this is not a demand issue, but an expectations issue, and investors should "buy the dip." The bank reiterated its Overweight rating with a target price of $192.