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Box Stock Upgraded at Oppenheimer

NEW YORK (TheStreet) -- Oppenheimer upgraded Box (BOX) to "outperform" from "perform" on Friday, setting a price target of $21 for the cloud storage solutions company.

Shares of Box were gaining 2.9% to $14.41 in pre-market trading.

Oppenheimer analysts said the upgrade is a valuation call. The analysts believe that Box's long-term growth prospects haven't change despite strong pressure on the company's stock...


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