Rosenblatt Securities recorded Box Inc (NYSE:BOX), boosting its price target to $25.00 earlier today
- Updated: September 26, 2016
Yesterday Box Inc (NYSE:BOX) traded 0.86% higher at $14.76. BOX’s 50-day average is $13.56 and its two hundred day average is $12.22. The last stock price is up 19.79% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. 82,174 shares of Box Inc exchanged hands, down from an average trading volume of 1,109,130
In a report issued 09/26/2016 Rosenblatt Securities raised the target price of Box Inc (NYSE:BOX) to $25.00 reporting a potential upside of 0.69%.
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With a total market value of $0, Box Inc has with a 52 week low of $8.82 and a 52 week high of $14.94 .
Also covering Box Inc's price target, a total of 8 brokers have issued a research note on the company. The average price target is $17.38 with zero firms rating the stock a strong buy, zero analysts rating the company a buy, zero equity analysts rating the company a hold, zero brokerages rating the company a underperform, and lastly 0 brokers rating the stock a sell.
Brief Synopsis On Box Inc (NYSE:BOX)
Box, Inc. provides an enterprise content management platform that enables organizations of all sizes to manage enterprise content while allowing access and sharing of this content from anywhere, on any device. With the Company's Software-as-a-Service (SaaS) cloud-based platform, users can collaborate on content both internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security and compliance features to comply with internal policies and industry regulations. Its platform enables people to view, share and collaborate on content, across various file formats and media types. The software integrates with enterprise business applications, and is compatible with various application environments, operating systems and devices, ensuring that workers have access to their business content. It offers individuals a free basic version of the Box platform that allows them to experience its solution.
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