RBC Capital Maintains Outperform on Dropbox, Raises Price Target to $32
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Rishi Jaluria maintains an 'Outperform' rating on Dropbox (NASDAQ:DBX) and raises the price target from $30 to $32.
August 04, 2023 | 3:39 pm
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RBC Capital maintains an 'Outperform' rating on Dropbox and raises the price target from $30 to $32.
The 'Outperform' rating maintained by RBC Capital indicates a positive outlook for Dropbox. The increase in price target from $30 to $32 suggests that the analyst believes the stock has potential for further growth. 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