Slack (NASDAQ:WORK) Research Coverage Started at Oppenheimer
Oppenheimer assumed coverage on shares of Slack (NASDAQ:WORK) in a report released on Tuesday morning, The Fly reports. The brokerage issued a market perform rating and a $35.00 target price on the stock. Oppenheimer also issued estimates for Slack’s Q2 2020 earnings at ($0.20) EPS, Q3 2020 earnings at ($0.07) EPS, Q4 2020 earnings at ($0.06) EPS, FY2020 earnings at ($0.43) EPS, Q1 2021 earnings at ($0.07) EPS, Q2 2021 earnings at ($0.07) EPS, Q3 2021 earnings at ($0.07) EPS, Q4 2021 earnings at ($0.05) EPS and FY2021 earnings at ($0.26) EPS.
Other research analysts also recently issued research reports about the company. DA Davidson upped their price objective on Slack to $31.00 and gave the stock an average rating in a report on Tuesday, June 11th. Robert W. Baird initiated coverage on Slack in a report on Tuesday, June 25th. They set an outperform rating and a $44.00 price objective on the stock. Finally, Atlantic Securities initiated coverage on Slack in a report on Wednesday, June 19th. They set an overweight rating and a $37.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of Buy and an average target price of $38.00.
NASDAQ:WORK opened at $33.73 on Tuesday. Slack has a 52-week low of $33.37 and a 52-week high of $42.00.
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