Box Stock (BOX): $25 Price Target From RBC

By Amit Chowdhry ● Jan 14, 2022
  • The shares of Box Inc (NYSE: BOX) have received a price target of $25 from RBC Capital. These are the details.

The shares of Box Inc (NYSE: BOX) have received a price target of $25 from RBC Capital. And RBC Capital analyst Rishi Jaluria upgraded Box to a “Sector Perform” from an “Underperform” rating while increasing the price target from $21.

Jaluria noted that the company’s suite-based selling approach is starting to work and its execution is improving. Plus the risk-reward on the stock now looks more balanced.

Going forward, Jaluria remains cautious on Box’s long-term prospects and an increasingly commoditized market. But the near-term prospects and execution have both improved.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.