UBS analyst Taylor McGinnis raised the firm’s price target on Dropbox (DBX) to $31 from $30 and keeps a Neutral rating on the shares. Dropbox’s Q1 print was better than feared despite growth that is still under pressure and headwinds, the analyst tells investors in a research note. The firm remains on the sidelines.
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Read More on DBX:
- Dropbox price target raised to $32 from $30 at Citi
- Dropbox: Balancing Strong Performance with Caution Amid Macroeconomic Risks
- Dropbox’s Mixed Financial Signals Lead to Hold Rating Amid Strong Margins and Strategic Concerns
- Dropbox Reports First Quarter 2025 Financial Results
- Dropbox ups FY25 revenue view to $2.48B-$2.49B from $2.47B-$2.48B
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