Citi raised the firm’s price target on Box (BOX) to $40 from $39 and keeps a Buy rating on the shares. The firm increased estimates citing the company’s strong fiscal Q2 report. It believes the market is underestimating the benefits Box is experiencing from artificial intelligence.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BOX:
- Box Inc. Receives Buy Rating Amid Strong Q2 Results and Raised Revenue Outlook
- Box Inc. Receives Buy Rating from Jason Ader Amid Strong Financial Performance and Promising AI Offerings
- Box Inc. Reports Strong Q2 2026 Financial Performance
- Closing Bell Movers: MongoDB jumps nearly 30% after beat and raise
- Box sees FY26 EPS $1.26-$1.28, consensus $1.27