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Fly News Breaks for January 27, 2020
MSFT, WORK
Jan 27, 2020 | 20:45 EDT
Wells Fargo analyst Michael Turrin initiated coverage of Slack Technologies (WORK) with an Overweight rating and $30 price target. The analyst believes that the bearish sentiment regarding competition with Microsoft Teams (MSFT) is overdone, and with shares down 47% from prior highs, he sees risk-reward on the stock as "favorably skewed". Turrin further cites Slack's year-to-date revenue growth of over 60% as well as its large short position at over 20% of current float.
News For WORK;MSFT From the Last 2 Days
MSFT
Sep 22, 2021 | 12:30 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: This... To see the rest of the story go to thefly.com. See Story Here