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TechStock Radar
May 2020
Friday, May 22, 2020, 5:05 PM — by Rob DeFrancesco, TechStock Radar
May Issue of TSP Available on Kindle

Download the new issue of Tech-Stock Prospector to your Kindle or Kindle reading app for iOS (iPad & iPhone) and Android. 

Order the latest issue of TSP here.

Here are some of the topics covered in the May 2020 issue:

*Improving productivity during Work From Home

*New products from RingCentral

*Slack battles for market share

*Twilio use cases expand during COVID-19

*Teladoc shines as telehealth expands

*ServiceNow drives remote workflows

*Okta dominates identity management

*Splunk partners with Google Cloud

*Alteryx issues cautious guidance

*Deal Report: Square

Monday, May 4, 2020, 10:01 AM — by Rob DeFrancesco, TechStock Radar
SunTrust Lowers Lyft Target

SunTrust lowers its Lyft (LYFT, $27.53) price target to $45 from $74, saying the company is seeing sustained demand pressures so far in Q2. There’s also a lack of visibility as to when the economy reopens in a material way, says the firm. SunTrust reduces its 2020 revenue forecast to $2.9 billion from $4.7 billion, below the consensus of $3.41 billion. Last week, Lyft announced it was laying off 17% of its workforce due to COVID-19.

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