Shopify (TSE:SHO) Raised to Hold at TD Securities

Shopify (TSE:SHO) was upgraded by TD Securities to a “hold” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

Several other research firms have also weighed in on SHO. Arete Research raised Shopify to a “hold” rating in a research note on Wednesday, July 23rd. Needham & Company LLC raised Shopify to a “moderate buy” rating in a research note on Monday, July 14th. Phillip Securities lowered Shopify from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, August 12th. Loop Capital lowered Shopify from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 22nd. Finally, Atb Cap Markets lowered Shopify from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 6th. Four research analysts have rated the stock with a Strong Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate 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.