Analysts Slash Price Targets on Shopify

An employee works at Shopify's headquarters in Ottawa, Ontario, Canada, on Oct. 22, 2018. Chris Wattie/Reuters

Analysts slashed their price targets on Shopify Inc. post Q4 results over international expansion and recalibrated investments.

Jefferies analyst Samad Samana lowered the PT to $1,350 from $1,800 (80.8 percent upside) and reiterated a Buy.