Keybanc Maintains Overweight on Box, Lowers Price Target to $33
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Thomas Blakey maintains an Overweight rating on Box (NYSE:BOX) but lowers the price target from $35 to $33.

August 30, 2023 | 8:07 am
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NEUTRAL IMPACT
Box's price target has been lowered from $35 to $33 by Keybanc, though the Overweight rating is maintained.
The news is directly about Box and is likely to influence investor sentiment. The lowering of the price target might be seen as a negative signal, but the maintenance of the Overweight rating indicates that the analyst still sees potential in the stock. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100