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Fly News Breaks for June 11, 2015
BOX
Jun 11, 2015 | 07:33 EDT
Canaccord noted Box reported Q1 results that were "solid" and a foundation for a case to upgrade the shares at some point. The firm said the company's results showed upside across the board with increased guidance and were a step in the right direction. Canaccord maintains its Hold rating and raised its price target to $21 from $20 on Box shares, but noted it will revisit its rating when a path to profitability is seen.
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