Shopify (TSE:SHO – Get Free Report) was upgraded by research analysts at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a note issued to investors on Sunday,Zacks.com reports.
SHO has been the topic of several other research reports. Citigroup downgraded shares of Shopify from a “strong-buy” rating to a “hold” rating in a report on Friday. BMO Capital Markets cut shares of Shopify from a “strong-buy” rating to a “hold” rating in a research note on Friday. Eleven analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.
Check Out Our Latest Stock Analysis on SHO
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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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