Citigroup Maintains Buy on Box, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Enders has maintained a Buy rating on Box (NYSE:BOX) and increased the price target from $29 to $32.
March 06, 2024 | 1:26 pm
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POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on Box and raised the price target from $29 to $32.
The upgrade in price target by a reputable analyst like Steven Enders from Citigroup is a strong positive signal for Box. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100