Shares of Shopify Inc. (TSE:SHO – Get Free Report) have been assigned an average recommendation of “Buy” from the thirteen brokerages that are covering the firm, MarketBeat reports. Five analysts have rated the stock with a hold rating and eight have assigned a strong buy rating to the company.
A number of equities research analysts recently issued reports on the company. Benchmark raised Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 10th. Wedbush raised Shopify from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Atb Cap Markets downgraded Shopify from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 12th. New Street Research raised Shopify to a “hold” rating in a report on Friday, January 10th. Finally, Loop Capital raised Shopify from a “hold” rating to a “strong-buy” rating in a report on Friday, December 6th.
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About Shopify
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