Citigroup Maintains Neutral on Dropbox, Raises Price Target to $27
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Steven Enders maintains a Neutral rating on Dropbox (NASDAQ:DBX) and raises the price target from $24 to $27.

June 22, 2023 | 1:50 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Dropbox (NASDAQ:DBX) and raises the price target from $24 to $27.
Citigroup's decision to maintain a Neutral rating on Dropbox indicates that they do not expect significant short-term price movement. However, the raised price target from $24 to $27 suggests a positive outlook for the stock in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100