Shopify (TSE:SHO) Upgraded by Piper Sandler to Strong-Buy Rating

Piper Sandler upgraded shares of Shopify (TSE:SHO) to a strong-buy rating in a research note issued to investors on Wednesday,Zacks.com reports.

SHO has been the subject of a number of other reports. DZ Bank upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 16th. ATB Cormark Capital Markets raised Shopify from a “hold” rating to a “moderate buy” rating in a report on Tuesday, February 10th. Arete Research upgraded Shopify from a “hold” rating to a “strong-buy” rating in a report on Monday, February 2nd. TD Securities raised Shopify from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th. Finally, BNP Paribas Exane upgraded Shopify to a “hold” rating in a research note on Monday, November 24th. Twelve research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Shopify presently has a consensus rating of “Strong Buy”.

Shopify Price 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.