Atb Cap Markets Upgrades Shopify (TSE:SHO) to Strong-Buy

Atb Cap Markets upgraded shares of Shopify (TSE:SHO) from a hold rating to a strong-buy rating in a report published on Thursday,Zacks.com reports.

Several other analysts also recently weighed in on the company. BMO Capital Markets raised Shopify to a “strong-buy” rating in a report on Tuesday, May 6th. Benchmark upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 10th. Phillip Securities lowered shares of Shopify from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 17th. New Street Research raised shares of Shopify to a “hold” rating in a research report on Friday, January 10th. Finally, BNP Paribas lowered Shopify from a “strong-buy” rating to a “hold” rating in a report on Monday, May 5th. Four investment analysts have rated the stock with a hold rating and ten have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus 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.