Shopify (TSE:SHO) Raised to “Strong-Buy” at Mizuho

Shopify (TSE:SHO) was upgraded by Mizuho from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other research firms also recently commented on SHO. Moffett Nathanson raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a report on Monday. BNP Paribas Exane upgraded shares of Shopify to a “hold” rating in a research report on Monday, November 24th. DZ Bank raised Shopify from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 6th. TD Securities raised Shopify to a “hold” rating in a research note on Thursday, December 4th. Finally, Scotiabank raised Shopify from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 8th. Eight research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average 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. 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.