Shopify (TSE:SHO) Raised to Moderate Buy at Atb Cormark Cm

Shopify (TSE:SHO) was upgraded by stock analysts at Atb Cormark Cm from a “hold” rating to a “moderate buy” rating in a research report issued on Tuesday,Zacks.com reports.

SHO has been the subject of several other research reports. TD Securities upgraded shares of Shopify to a “hold” rating in a research report on Thursday, December 4th. Wolfe Research raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. DZ Bank raised Shopify from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 6th. Arete Research upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a report on Monday, February 2nd. Finally, BNP Paribas Exane upgraded shares of Shopify to a “hold” rating in a research note on Monday, November 24th. Six research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Shopify currently has a consensus 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.