Pacific Crest Upgrades Box, Inc. (BOX) to Overweight
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Price: $25.65 -1.72%
Rating Summary:
16 Buy, 9 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
16 Buy, 9 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Pacific Crest upgraded Box, Inc. (NYSE: BOX) from Sector Weight to Overweight with a price target of $24. Analyst Rob Owens noted improving momentum.
"Security focus, increased functionality, meaningful new partnerships and major customer additions give us an improved outlook on BOX, and we believe current valuations represent a compelling risk/reward," said Owens.
For an analyst ratings summary and ratings history on Box, Inc. click here. For more ratings news on Box, Inc. click here.
Shares of Box, Inc. closed at $16.29 yesterday.
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