Slack, Hershey: Analysts Upgrades and Downgrades



Stock analysts this week were busy with upgrades, downgrades, price-target changes and initiations of coverage. 

Upgrade

Seagate Technology  (STX) – Get Report received an upgrade from Benchmark analyst Mark Miller to buy from hold amid expectations of strong demand for the data-storage-device company’s products. Miller has a share-price target of $60.

Downgrade

Slack Technologies  (WORK) – Get Report was downgraded by Morgan Stanley analyst Keith Weiss to underweight from equal weight. He affirmed his share-price target at $27. He cited “a fading positioning versus an intensifying competitive landscape.” 





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