Shopify (TSE:SHO) Upgraded at Truist Financial

Truist Financial upgraded shares of Shopify (TSE:SHO) from a hold rating to a strong-buy rating in a research note released on Tuesday,Zacks.com reports.

Other research analysts have also issued reports about the company. ATB Cormark Capital Markets raised Shopify from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, February 10th. Wolfe Research upgraded Shopify from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 6th. Scotiabank raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 8th. BNP Paribas Exane upgraded shares of Shopify to a “hold” rating in a research note on Monday, November 24th. Finally, DZ Bank raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday. Ten equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Strong 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.