JP Morgan analyst Reginald L. Smith maintained an Overweight rating on Shopify Inc SHOP after the company released its quarterly print Tuesday.Fourth-quarter revenue increased 31% versus Smith’s 26% and the Street’s 27% estimates, driven by a 7 pt acceleration in Merchant Solutions (primarily payments) revenue.Gross margin contracted ~150bps from the prior year to 48.1%, a touch below Smith and the Street estimates (impacted by PayPal Holdings PYPL revenue recognition change).Also Read: Taiwan Semiconductor ...