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Fly News Breaks for September 10, 2015
BOX
Sep 10, 2015 | 08:06 EDT
Canaccord noted Box reported solid Q2 results and with its pullback from its highs and recent stream of product improvements, partnerships, and vertically focused initiatives, the firm now believes an upgrade of the stock might be in store. The firm prefers to err on the side of caution and believes its current Hold rating is correct, although they will watch the story closely. Canaccord lowered its price target to $18 from $21 on Box shares.
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