Box shares are trading higher after UBS initiated coverage on the stock with a Buy rating and $33 price target.
Portfolio Pulse from Benzinga Newsdesk
Box shares are trading higher following UBS's initiation of coverage on the stock with a Buy rating and a $33 price target.
December 15, 2023 | 3:30 pm
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Box Inc. shares are experiencing an uptick after UBS initiated coverage with a Buy rating and a $33 price target, indicating a positive outlook.
Analyst ratings, especially from prominent financial institutions like UBS, can significantly influence investor sentiment and stock prices. The Buy rating and the $33 price target suggest a bullish outlook for Box, which can lead to increased investor interest and a potential short-term rise in the stock price.
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