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Fly News Breaks for September 4, 2015
BOX
Sep 4, 2015 | 08:20 EDT
Pacific Crest believes that Box will have several catalysts this month ,when it is due to report its Q2 results and hold its annual user conference and first Analyst Day as a public company. The firm thinks the stock has reached compelling levels following its recent pullback. Pacific Crest continues to believe that the Street undervalues the company's "differentiated solution." It keeps a $24 price target and Overweight rating on the shares.
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