Phillip Securities lowered shares of Shopify (TSE:SHO – Free Report) from a strong-buy rating to a moderate buy rating in a report published on Monday,Zacks.com reports.
Other research analysts also recently issued reports about the stock. Wedbush raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Benchmark raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 10th. Loop Capital raised Shopify from a “hold” rating to a “strong-buy” rating in a report on Friday, December 6th. Atb Cap Markets downgraded Shopify from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, New Street Research upgraded Shopify to a “hold” rating in a research report on Friday, January 10th. Five research analysts have rated the stock with a hold rating and eight have issued a strong buy rating to the stock. According to data from MarketBeat, Shopify currently has a consensus rating of “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.
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