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Fly News Breaks for April 5, 2017
BOX
Apr 5, 2017 | 07:17 EDT
Wells Fargo says that the Street underappreciates Box's "upmarket" move into enterprise content management from enterprise file sync and share. The firm thinks that the change will "enable the company to maintain robust revenue growth and continue to scale its operating model." Wells says that the stock's valuation is attractive, in light of the company's growth. It keeps an Outperform rating on the shares.
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