WeWork (WE) Stock: $9 Price Target And Buy Rating

By Amit Chowdhry ● Apr 24, 2022
  • The shares of WeWork Inc (NYSE: WE) have received a $9 price target from Mizuho. These are the details.

The shares of WeWork Inc (NYSE: WE) have received a $9 price target from Mizuho. And Mizuho analyst Vikram Malhotra initiated coverage of WeWork with a “Buy” rating.

Malhotra noted that WeWork is an undervalued play on changing the work preferences of both employees and employers. And Malhotra pointed out that the company is well-positioned to take a share of the flex office market, which is expected to grow 50% in the next 3 years as office tenants rethink footprints and lease formats. 

Plus sees WeWork’s EBITDA breakeven goal by Q4 as very achievable.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.