Box Stock Upgraded on Customers Adds, Security Focus
Online file storage company Box corporate customer additions, focus on security, and strategic partnerships foreshadow more revenue upside while rivals such as Google (GOOGL) and Microsoft (MSFT) lose momentum, says Pacific Crest Securities. Analyst Rob Owens upgraded the Box (BOX) stock to overweight with a 24 price target. Los Altos, Calif.-based Box’s stock rose 2.8% to 16.75 in early trading in the stock market today Box partnered with IBM in