Box (BOX) Tops Q2 EPS by 1c; Boosts FY16 Revenue Outlook

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Oppenheimer Remains Bullish on Box (BOX) Following 2Q16 Results

September 10, 2015 10:00 AM EDT

Oppenheimer reiterated an Outperform rating and $21.00 price target on Box, Inc. (NYSE: BOX) following the company's 2Q16 earnings results. Box's sales came in ahead of expectations at $73.5M vs. $69.7M. EPS was reported at ($0.28), 1c ahead of consensus.

Analyst Ittai Kidron commented, "Box... More

Canaccord Genuity Cuts Price target on Box (BOX) to $18 on Continued Pullback

September 10, 2015 8:52 AM EDT

Canaccord Genuity maintained a Hold rating on Box, Inc. (NYSE: BOX), and cut the price target to $18.00 (from $21.00), on continued pullback on the stock, down 25% since June.

Analyst Richard Davis commented, "Box's pullback over the summer (down 25% since its highs in June) along with its steady stream of product improvements, partnerships and... More