Shopify (TSE:SHO – Get Free Report) was upgraded by Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Sunday,Zacks.com reports.
A number of other analysts have also issued reports on the company. Citigroup lowered Shopify from a “strong-buy” rating to a “hold” rating in a research report on Friday. BMO Capital Markets downgraded Shopify from a “strong-buy” rating to a “hold” rating in a report on Friday. Eleven equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Shopify has an average rating of “Buy”.
Read Our Latest Stock Analysis on SHO
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.
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