BTIG analyst Thomas Catherwood names WeWork (WE) as his BTIG Top Pick for first half of 2023, replacing Innovative Industrial Properties (IIPR) on that list. The company stands to benefit from a supercycle in flexible workspace demand created by uncertainty regarding long-term office usage in the post-pandemic world, the analyst tells investors in a research note. Catherwood has a Buy rating and a $7.50 price target on the stock.
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Published first on TheFly
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