(Bloomberg) -- Slack Technologies Inc. added three new bulls as hopes are high for the company that makes software for workers to chat and collaborate on projects.“Slack will replace or severely displace email over the next several years,” William Blair analyst Bhavan Suri wrote. “Unlike email, Slack
After all, Microsoft beat IBM when it was just a tiny upstart itself.
Canaccord, Barclays and William Blair all published bullish notes on the messaging service, which went public via a direct listing in June.
Microsoft Teams has 13 million daily active users and 19 million weekly active users, more than Google's Hangouts Chat, Facebook's Workplace, and Slack.
COMPANY ANALYSIS: Slack had an impressive debut on the New York Stock Exchange, but now the work begins to continue its growth in the face of stiff competition.
Microsoft Teams isn’t better than Slack, but it is freer.