Monness Sticks to Their Hold Rating for Dropbox (DBX)

In a report released today, Brian White from Monness maintained a Hold rating on Dropbox (DBXResearch Report). The company’s shares closed last Monday at $18.61.

According to TipRanks.com, White is a top 25 analyst with an average return of 26.2% and a 76.7% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Slack Technologies, and Salesforce.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dropbox with a $19.00 average price target.

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The company has a one-year high of $26.49 and a one-year low of $16.08. Currently, Dropbox has an average volume of 3.83M.

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Dropbox, Inc. is a collaboration platform that’s transforming the way people and teams work together. It offers following products: Dropbox Basic, Plus, Professional and Business. The Dropbox Basic is the simple, powerful home for photos, videos, docs, and other files.