JMP Securities Maintains Outperform on Dropbox, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens maintains an 'Outperform' rating on Dropbox (NASDAQ:DBX) and raises the price target from $30 to $32.
August 04, 2023 | 3:08 pm
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Dropbox's price target has been raised from $30 to $32 by JMP Securities, which maintains an 'Outperform' rating on the stock.
The raised price target and maintained 'Outperform' rating by JMP Securities indicates a positive outlook for Dropbox. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100