In a report released today, Brian White from Monness maintained a Hold rating on Dropbox Inc (DBX). The company’s shares closed yesterday at $24.74, close to its 52-week low of $21.36.
According to TipRanks.com, White is a top 100 analyst with an average return of 18.4% and a 66.2% success rate. White covers the Technology sector, focusing on stocks such as Salesforce.com, Alphabet Inc, and Cloudera Inc.
Dropbox Inc has an analyst consensus of Moderate Buy, with a price target consensus of $34.
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The company has a one-year high of $43.50 and a one-year low of $21.36. Currently, Dropbox Inc has an average volume of 5.02M.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock.
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Dropbox, Inc. is a collaboration platform that’s transforming the way people and teams work together. It offers following products: Dropbox Basic, Plus, Professional and Business. The Dropbox Basic is the simple, powerful home for photos, videos, docs, and other files.
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