Citigroup Maintains Neutral on Dropbox, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Enders maintains a Neutral rating on Dropbox (NASDAQ:DBX) and keeps the price target at $30.
September 18, 2023 | 1:28 pm
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NEUTRAL IMPACT
Citigroup analyst maintains a Neutral rating on Dropbox and keeps the price target at $30.
The news is directly about Dropbox and its rating by Citigroup. The Neutral rating indicates that the analyst does not expect significant price movement in the short term. The maintained price target of $30 also suggests that the analyst's outlook on the company has not changed. Therefore, the short term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100