Why Box Rallied 20% This Week
Shares of (NYSE: BOX) rallied 20.1% through Thursday trading this week, according to data from S&P Global Market Intelligence.
Box released its first-quarter earnings report earlier this week, roundly surpassing expectations, while also giving better-than-expected guidance for the quarter ahead.
While Box is somewhat of a "legacy" content management software service, founded in 2005, it has taken an artificial intelligence (AI)-first approach to enhancing its enterprise offerings, which appears to be paying off.
Source Fool.com
Box Inc. A Stock
€27.31
-2.350%
Our community is currently high on Box Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 34 € shows a positive potential of 24.5% compared to the current price of 27.31 € for Box Inc. A.
