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Fly News Breaks for June 1, 2017
BOX
Jun 1, 2017 | 07:25 EDT
Canaccord analyst Richard Davis noted Box reported solid Q1 results with an upside revenue surprise and second consecutive free cash flow profitable quarter. The company raised the upper end of its guidance range, leading the analyst to declare Box a good bet in the small to mid-cap space. Davis reiterated his Buy rating and raised his price target to $24 from $22 on Box shares.
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