Shopify Inc. (TSE:SHO – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the ten analysts that are presently covering the firm, Marketbeat reports. Six research analysts have rated the stock with a hold rating and four have given a strong buy rating to the company.
SHO has been the topic of several recent research reports. Phillip Securities downgraded Shopify from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, August 12th. Atb Cap Markets downgraded Shopify from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 6th. Needham & Company LLC upgraded Shopify to a “moderate buy” rating in a research note on Monday, July 14th. Arete Research upgraded Shopify to a “hold” rating in a research note on Wednesday, July 23rd. Finally, Loop Capital downgraded Shopify from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 22nd.
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About Shopify
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