Wolfe Research upgraded shares of Shopify (TSE:SHO – Free Report) from a hold rating to a strong-buy rating in a report published on Tuesday,Zacks.com reports.
A number of other research analysts also recently commented on the stock. TD Securities raised shares of Shopify to a “hold” rating in a research report on Thursday, December 4th. DZ Bank raised Shopify from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 6th. Finally, BNP Paribas upgraded Shopify to a “hold” rating in a research report on Monday, November 24th. Four research analysts have rated the stock with a Strong Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.
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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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