BMO Capital Markets upgraded shares of Shopify (TSE:SHO – Free Report) from a hold rating to a strong-buy rating in a report published on Thursday,Zacks.com reports.
SHO has been the topic of several other reports. Jefferies Financial Group upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research note on Sunday, July 12th. Rothschild & Co Redburn cut Shopify from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Finally, Citigroup lowered shares of Shopify from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Twelve equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.
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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.
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