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Fly News Breaks for March 1, 2018
BOX
Mar 1, 2018 | 07:57 EDT
Canaccord analyst Richard Davis noted Box reported disappointing Q3 results. The analyst said the post-report decline in the shares puts the stock at the right price, while he expects better execution on the sales front and guidance to appropriately encompass the firm's evolution toward a larger operation. Davis said the guidance de-risks the shares and so he maintained his Buy rating and $25 price target on Box shares.
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