Slack Stock Upgraded -- Twice! Here's What You Need to Know
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
Newly public Slack Technologies (NYSE: WORK) popped as much as 61.5% on its first day of trading (by some estimates) -- but it's been all downhill since. Slack stock has shed 20% of its value since that first day of trading.
But now, two Wall Street bankers think it's finally cheap enough to buy.
Source Fool.com
