UBS Maintains Buy on Dropbox, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Rich Hilliker maintains a Buy rating on Dropbox (NASDAQ:DBX) but lowers the price target from $30 to $28.

August 09, 2024 | 2:56 pm
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UBS analyst Rich Hilliker maintains a Buy rating on Dropbox but lowers the price target from $30 to $28.
The Buy rating suggests continued confidence in Dropbox's performance, but the lowered price target indicates some caution about its near-term growth potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100