DA Davidson Reiterates Buy Rating on Box, Inc. (BOX)

DA Davidson analyst Lucky Schreiner reiterated a Buy rating and $45.00 price target on Box, Inc. (NYSE: BOX).

The analyst commented: "We attended BOX's Investor Day in New York, NY today. The key theme for the event revolved around how Box is positioned to help enterprises deliver agentic automation at scale given its value as the secure unstructured data store capable of providing agents with the enterprise context they need to transform workflows. Box provided guidance for continued strength from Enterprise Advanced and platform consumption revenue that was above our expectations. We came away with increased confidence in Box’s ability to accelerate revenue growth towards long term targets of 10%-15% Y/Y. We reiterate our BUY rating and $45 PT."

For an analyst ratings summary and ratings history on Box, Inc. click here. For more ratings news on Box, Inc. click here.

Shares of Box, Inc. closed at $23.86 yesterday.

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