Dropbox (DBX) Tops Q4 EPS by 2c
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BofA/Merrill Lynch Upgrades Dropbox (DBX) to Buy Following Sell-Off
February 22, 2019 8:06 AM ESTBofA/Merrill Lynch analyst Justin Post upgraded Dropbox (NASDAQ: DBX) from Neutral to Buy with a price target of $33, saying the sell-off creates a better opportunity to own the shares.
Overall, a topline 4Q beat, but deferred revenue at $485 million was below Street at... More
