slack Technology
$NYSE:WORK
Based on Technical and Fundamental Analysis - Hold
Slack — Goldman Sachs downgraded Slack to “sell” from “neutral,” citing the potential for an “enduring battle” with Microsoft’s Teams platform for market share. “While we continue to view Slack as a best-in-class team messaging offering that is favored by the technical community, we expect MSFT Teams to continue to try and leverage its packaging within Office 365 to drive increased adoption, thus creating the potential for a more competitive environment,” Goldman said in a note.
Based on Technical and Fundamental Analysis - Hold
Slack — Goldman Sachs downgraded Slack to “sell” from “neutral,” citing the potential for an “enduring battle” with Microsoft’s Teams platform for market share. “While we continue to view Slack as a best-in-class team messaging offering that is favored by the technical community, we expect MSFT Teams to continue to try and leverage its packaging within Office 365 to drive increased adoption, thus creating the potential for a more competitive environment,” Goldman said in a note.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.