Morgan Stanley started coverage on shares of Slack (NASDAQ:WORK) in a research note published on Tuesday morning, Benzinga reports. The firm issued an equal weight rating and a $38.00 target price on the stock.
Several other research analysts also recently weighed in on the stock. Barclays set a $330.00 price objective on shares of Thermo Fisher Scientific and gave the stock a buy rating in a report on Monday. William Blair restated a buy rating on shares of Albireo Pharma in a report on Monday. Robert W. Baird assumed coverage on shares of Slack in a report on Tuesday, June 25th. They set an outperform rating and a $44.00 price objective on the stock. DA Davidson upped their price objective on shares of Slack to $31.00 and gave the stock an average rating in a report on Tuesday, June 11th. Finally, Goldman Sachs Group downgraded shares of Micro Focus International from a neutral rating to a sell rating in a report on Tuesday. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of $38.78.
WORK opened at $32.00 on Tuesday. Slack has a 1-year low of $31.93 and a 1-year high of $42.00.
Further Reading: Dividend
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