Box Inc (BOX) Gets a Hold Rating from Monness


In a report released today, Brian White from Monness maintained a Hold rating on Box Inc (BOX). The company’s shares closed yesterday at $18.19.

According to TipRanks.com, White is a top 100 analyst with an average return of 17.8% and a 64.8% success rate. White covers the Technology sector, focusing on stocks such as Salesforce.com, Alphabet Inc, and Cloudera Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Box Inc with a $25.25 average price target, a 38.8% upside from current levels. In a report issued on November 20, Morgan Stanley also maintained a Hold rating on the stock with a $21 price target.

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Based on Box Inc’s latest earnings release for the quarter ending July 31, the company reported a quarterly GAAP net loss of $38.09 million. In comparison, last year the company had a GAAP net loss of $42.92 million.

Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Box, Inc. engages in the provision of enterprise content platform that enables organizations to securely manage enterprise content while allowing easy, secure access and sharing of this content from anywhere, on any device.

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