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Fly News Breaks for July 15, 2019
WORK
Jul 15, 2019 | 06:26 EDT
Barclays analyst Raimo Lenschow started Slack Technologies with an Overweight rating and $45 price target. Slack is different from other high growth software businesses as it is creating its own market, Lenschow tells investors in a research note. The analyst sees an $18B-$29B total addressable market for Slack and believes the company will be "one of the very large, future software leaders."
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