Matterport: Rating Upgrade As The Growth Outlook Becomes More Promising

AzmanJakaSummary In my previous coverage on Matterport (NASDAQ:MTTR), I recommended a hold rating as I wanted to wait for the real estate headwinds to be cleared before investing. My belief was that this headwind would turn into a growth tailwind as the economy recovered, which could drive valuations upward. Until then, I believed it was better to just monitor the business performance. This post is to provide an update on my thoughts on the business and stock. I am upgrading my rating from hold to buy a ...