Shopify (TSE:SHO) Upgraded to Strong-Buy at TD Securities

TD Securities upgraded shares of Shopify (TSE:SHO) from a hold rating to a strong-buy rating in a research report released on Wednesday,Zacks.com reports.

SHO has been the topic of a number of other reports. Arete Research raised Shopify from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 2nd. Moffett Nathanson upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a report on Monday. Mizuho raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research note on Thursday. BNP Paribas Exane upgraded shares of Shopify to a “hold” rating in a research report on Monday, November 24th. Finally, Wolfe Research upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 6th. Eight research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy”.

Shopify Stock Performance

About Shopify

ICC Labs Inc is a medicinal and recreational cannabis producer based in South America. The firm primarily producing, researching and marketing cannabis for medical and recreational uses, and hemp-based products. The company’s operations are organized into two operating segments, Recreational segment and Cannabinoids Extraction segment. The Recreational segment consists of planting, harvesting, and sale of psychoactive cannabis. The Cannabinoids Extraction segment consists of planting, harvesting, and sale of hemp and the related cannabinoid extraction for medicinal use.