Citigroup Maintains Dropbox Inc - (DBX) Neutral Recommendation
Nasdaq Fintel reports that on September 18, 2023, Citigroup maintained coverage of Dropbox Inc - (NASDAQ:DBX) with a Neutral recommendation.
Analyst Price Forecast Suggests 11.24% Upside
As of August 31, 2023, the average one-year price target for Dropbox Inc - is 29.98. The forecasts range from a low of 22.22 to a high of $36.75. The average price target represents an increase of 11.24% from its latest reported closing price of 26.95.
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The projected annual revenue for Dropbox Inc - is 2,481MM, an increase of 2.38%. The projected annual non-GAAP EPS is 1.76.
What is the Fund Sentiment?
There are 931 funds or institutions reporting positions in Dropbox Inc -. This is an increase of 51 owner(s) or 5.80% in the last quarter. Average portfolio weight of all funds dedicated to DBX is 0.23%, a decrease of 21.79%. Total shares owned by institutions increased in the last three months by 7.65% to 279,620K shares. The put/call ratio of DBX is 0.73, indicating a bullish outlook.