Shopify (TSE:SHO) Stock Rating Upgraded by Arete Research

Shopify (TSE:SHOGet Free Report) was upgraded by research analysts at Arete Research to a “hold” rating in a research note issued to investors on Wednesday,Zacks.com reports.

A number of other brokerages have also issued reports on SHO. Loop Capital lowered shares of Shopify from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. BNP Paribas downgraded Shopify from a “strong-buy” rating to a “hold” rating in a report on Monday, May 5th. Capital One Financial upgraded Shopify from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 8th. BMO Capital Markets upgraded Shopify to a “strong-buy” rating in a report on Tuesday, May 6th. Finally, Atb Cap Markets upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 8th. Five analysts have rated the stock with a hold rating and eight have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

Check Out Our Latest Research Report on SHO

Shopify Price Performance

Shopify Company Profile

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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.

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Analyst Recommendations for Shopify (TSE:SHO)

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