Shopify (TSE:SHO) Upgraded at Arete Research

Arete Research upgraded shares of Shopify (TSE:SHO) from a hold rating to a strong-buy rating in a research note released on Monday morning,Zacks.com reports.

SHO has been the topic of several other research reports. DZ Bank raised shares of Shopify from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 6th. TD Securities upgraded Shopify to a “hold” rating in a report on Thursday, December 4th. Wolfe Research raised Shopify from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. BNP Paribas Exane raised Shopify to a “hold” rating in a research report on Monday, November 24th. Finally, Scotiabank upgraded Shopify from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 8th. Six investment analysts have rated the stock with a Strong Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Shopify has an average rating of “Buy”.

Shopify Stock 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. 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.