Shopify Inc. (TSE:SHO – Get Free Report) has been assigned an average rating of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and two have given a strong buy recommendation to the company.
Several equities analysts recently weighed in on SHO shares. Wolfe Research upgraded shares of Shopify to a “strong-buy” rating in a report on Tuesday, July 16th. Piper Sandler upgraded Shopify from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 9th. Moffett Nathanson lowered Shopify from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 6th. Atb Cap Markets raised Shopify from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, May 8th. Finally, JMP Securities raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 9th.
Check Out Our Latest Report on Shopify
Shopify Price Performance
Featured Articles
- Five stocks we like better than Shopify
- Are Penny Stocks a Good Fit for Your Portfolio?
- ScottsMiracle-Gro Stock Blooms After Investor Day Optimism
- Trading Stocks: RSI and Why it’s Useful
- Leading Beverage Company’s Stock Bubbles Higher: Rally Ahead
- How to Invest in Insurance Companies: A GuideĀ
- Can This Meme Stock Stage One Last Rally?
Receive News & Ratings for Shopify Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shopify and related companies with MarketBeat.com's FREE daily email newsletter.