Shopify (TSE:SHO) Upgraded at Capital One Financial

Capital One Financial upgraded shares of Shopify (TSE:SHO) from a hold rating to a strong-buy rating in a research note issued to investors on Thursday morning,Zacks.com reports.

Other equities research analysts also recently issued reports about the company. New Street Research upgraded Shopify to a “hold” rating in a report on Friday, January 10th. BNP Paribas downgraded shares of Shopify from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 5th. BMO Capital Markets upgraded Shopify to a “strong-buy” rating in a research report on Tuesday, May 6th. Phillip Securities downgraded Shopify from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 17th. Finally, Benchmark upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 10th. Four analysts have rated the stock with a hold rating and ten have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

Shopify Price Performance

Shopify Company Profile

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.