Jefferies has upgraded Dropbox (Nasdaq: DBX) from Hold to Buy with a price target of $28.

The analyst cites the work-from-home trend as a catalyst for growth.  The stock opened at $21.70, up 87 cents.  In the last 52 week, the stock has traded between $14.55 and $24.97.

Add a Comment

Your email address will not be published. Required fields are marked *