Box price target raised to $24 from $21 at RBC Capital
RBC Capital analyst Rishi Jaluria raised the firm's price target on Box (BOX) to $24 from $21 and keeps an Underperform rating on the shares. The company reported good Q1 results, with revenue that was slightly above consensus thanks to stronger billings and better than expected guidance, the analyst tells investors in a research note. Growth acceleration continues to rest on EA SKU upgrades however, which could be significant, though the firm continues to believe that the timing for impacts to reach estimates remains unclear, RBC added.
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Box price target raised to $45 from $40 at DA Davidson
Box Inc. Hold Rating: Balancing Strong Demand and AI Innovations Against Decelerating Growth and Market Uncertainties
Box price target raised to $42 from $38 at Raymond James
Box price target raised to $39 from $37 at JPMorgan
Box price target raised to $38 from $35 at Morgan Stanley
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