In a report released today, Brian White from Monness maintained a Hold rating on Dropbox Inc (DBX). The company’s shares closed yesterday at $23.23.
According to TipRanks.com, White is a top 25 analyst with an average return of 25.6% and a 75.1% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Salesforce.com, and Alphabet Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dropbox Inc with a $32.75 average price target.
See today’s analyst top recommended stocks >>
Based on Dropbox Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $9.5 million. In comparison, last year the company had a GAAP net loss of $466 million.
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.
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.
