Dropbox (DBX) has a 'Compelling Risk-Reward Profile' - BofA

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September 6, 2022 9:22 AM EDT

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September 6, 2022 6:30 AM EDT

(Updated - September 6, 2022 9:24 AM EDT)

BofA Securities analyst Mike Funk initiates coverage on Dropbox (NASDAQ: DBX) with a Buy rating and a price target of $34.00.

The analyst commented, "We find Dropbox stock attractive on the basis of: 1) strong FCF generation and potential... More