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Fly News Breaks for November 8, 2019
DBX
Nov 8, 2019 | 09:29 EDT
Nomura Instinet analyst Christopher Eberle raised his price target for Dropbox to $27 from $25 saying the company reported its first ever revenue re-acceleration as a public company in Q3. This is a "significant inflection point," contends Eberle, noting it came a quarter earlier than he expected. The analyst keeps a Buy rating on the shares.
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