The Globe and Mail reports in its Thursday, May 7, edition that Citi analyst Tyler Radke has reaffirmed his "buy/high risk" recommendation for Shopify. The Globe's David Leeder writes that Mr. Radke gave his share target a $7 trim to $156 (all figures U.S.). Analysts on average target the shares at $161.26. Radke says he came away from Shopify's first quarter results "remaining positive on the company's momentum and ability to drive continued share gains amidst agentic commerce tailwinds." Mr. Radke says in a note: "We view Q2 guidance as prudent and the pullback in shares as a buying opportunity, with key geography North America seeing accelerating growth. The company continues to show momentum across upmarket merchant acquisition (GMV from merchants more than $100-million nearly doubling over two years), international (GMV up 45 per cent year-over-year to 16 per cent of total), and B2B momentum (up 80 per cent year-over-year)." Despite that optimistic view, Mr. Radke was one of several analysts on the Street to reduce their expectations for the Ottawa-based e-commerce giant following Tuesday's pre-market release. Concerns centred on a forecast for slowing revenue and profit growth for the current quarter.