Box (BOX) June volatility elevated into Q1 and outlook
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Box, Inc. (BOX) PT Raised to $24 at Canaccord Genuity Following 1Q
June 1, 2017 10:07 AM EDTCanaccord Genuity raised its price target on Box, Inc. (NYSE: BOX) to $24.00 (from $22.00) while maintaining a Buy rating. Box reported 1Q revenue of $117.2M, up 30% yoy, ahead of estimates by $2.2M. non-GAAP EPS loss was ($0.13), ahead of ($0.14) high end of guidance estimate. FCF was... More
Box, Inc. (BOX) PT Raised to $22 at BofA/Merrill Lynch Following 1Q
June 1, 2017 9:43 AM EDTBofA/Merrill Lynch raised its price target on Box, Inc. (NYSE: BOX) to $22.00 (from $21.00) while maintaining a Buy rating. 1Q billings were up 31% y/y compared with estimates of 29% y/y. Revenue of $117 mn exceeded $115 mn estimates. 1Q EPS of ($0.13) also exceeded estimates of... More
Box, Inc. (BOX) PT Raised to $28 at Drexel Hamilton Following 1Q
June 1, 2017 8:19 AM EDTDrexel Hamilton raised its price target on Box, Inc. (NYSE: BOX) to $28.00 (from $26.00) while maintaining a Buy rating. Box reported 1Q sales of $117.2 million that beat the Street's $114.7 million estimate. Pro forma EPS of negative $0.13 was better than Street's loss per share of... More
