Shopify (TSE:SHO) Upgraded at Atb Cormark Cm

Atb Cormark Cm upgraded shares of Shopify (TSE:SHO) from a hold rating to a moderate buy rating in a research note published on Tuesday,Zacks.com reports.

A number of other brokerages have also issued reports on SHO. DZ Bank raised shares of Shopify from a “strong sell” rating to a “hold” rating in a report on Thursday, November 6th. TD Securities raised shares of Shopify to a “hold” rating in a research report on Thursday, December 4th. BNP Paribas Exane upgraded Shopify to a “hold” rating in a research note on Monday, November 24th. Scotiabank upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 8th. Finally, Wolfe Research upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 6th. Six 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 stock. Based on data from MarketBeat.com, the company presently 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.