The Globe and Mail reports in its Friday, Nov. 3, edition that Citi analyst Tyler Radke is keeping his "neutral/high risk" call on Shopify intact. The Globe's David Leeder writes that Mr. Radke's share target soared $12 to $74 (all figures U.S.). Analysts on average target the shares at $66.74. Mr. Radke says in a note: "While the in-line 4Q revenue guidance limits some of the top-line upside flow through, our margins move up more meaningfully reflecting the significant profitability outperformance in 3Q and solid Q4 outlook. ... We appreciate the magnitude of the TAM [total addressable market], an acceleration of secular tailwinds coming into focus, a strong management team, and record of execution, we believe much of this is priced in at the current multiple—which earns a significant premium to the implied multiple of its growth/margin framework and implies a 10-year revenue CAGR [compound annual growth rate] that appears potentially too high." The Globe reported on April 28 and Oct. 25 that Mr. Radke rated Shopify "neutral." The shares could then be had for $47.50 and $52.35. The Globe reported on Oct. 12 that TD had reaffirmed its "hold" call for Shopify. The shares could then be had for $54.24.