CORRECTED-WeWork's starry valuation dazzles landlords, reaffirms doubters [Reuters (UK)]
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Source: Reuters
WeWork's starry valuation dazzles landlords, reaffirms doubters - Reuters 6 Min Read NEW YORK (Reuters) - WeWork’s $47 billion valuation as it heads toward what may be the year’s largest initial public offering after ride-hailing firm Uber has made the flexible office space start-up the envy of landlords and the target of skeptics at a time when rents have barely kept pace with inflation. To commercial real estate’s old guard, many of whose stock prices have gone sideways or worse for half a decade, WeWork - the main unit of recently renamed The We Company - is a disruptor leading the charge toward the shrinking of workspace with a business model unhindered by property ownership. To its doubters, WeWork is another unprofitable unicorn they question has the ability to flourish in anything other than a hot economy. It’s a debate that will gather steam in the months ahead should The We Company follow through with an IPO after filing the preliminary paperwork last week. Should it take tha
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- Is Uber Technologies Stock Going to $100? 1 Wall Street Analyst Thinks So [Yahoo! Finance]Yahoo! Finance
- Uber Technologies, Inc. (NYSE: UBER) had its price target lowered by analysts at UBS Group AG from $100.00 to $95.00. They now have a "buy" rating on the stock.MarketBeat
- Uber Technologies, Inc. (NYSE: UBER) had its price target lowered by analysts at Jefferies Financial Group Inc. from $103.00 to $100.00. They now have a "buy" rating on the stock.MarketBeat
- Uber Technologies, Inc. (NYSE: UBER) had its price target raised by analysts at Citigroup Inc. from $91.00 to $93.00. They now have a "buy" rating on the stock.MarketBeat
- Uber's safety tools can be really useful, provided you enable them — here's how [Verge, The]Verge, The
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