Dropbox (DBX) has a 'Compelling Risk-Reward Profile' - BofA
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Pre-Open Movers: ADT Jumps on State Farm Deal, Bed Bath Falls on CFO's Death
September 6, 2022 9:22 AM EDTPre-Open Stock Movers:
Digital World Acquisition Corp (NASDAQ: DWAC) 21% LOWER; Report Company Failed to Secure Shareholder Support for One-year Extension to Complete Deal
Bed Bath & Beyond (NASDAQ: BBBY) 15% LOWER; CFO, Gustavo Arnal, was found dead on Friday in an apparent suicide.
ADT Inc. (NYSE: ADT) 15% HIGHER; ADT and State Farm, the 100-year good neighbor and largest insurer of homes in the... More
UPDATE: BofA Securities Starts Dropbox (DBX) at Buy
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
