Slack Scores Another Buy Rating

Just days after getting two bullish ratings from Wall Street, Slack (NYSE: WORK) is getting another vote of confidence. This time around, it's coming from Monness, Crespi, Hardt & Co., Inc. analyst Brian White, who initiated coverage on shares this morning with a buy rating alongside a $39 price target. The stock has been trending steadily lower after going public via a direct listing over the summer.

Is it time to pick up shares?

Image source: Slack.

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Source Fool.com