Vetr: Box Offers Double-Digits Upside

Shares of Box Inc BOX have gained more than 6.5 percent since last Wednesday. Nonetheless, the Vetr crowd seems to believe the rally will continue, as evidenced by its average price target of $16.45. This target implies a potential return of almost 12.5 percent from current valuations.

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Seeking to better reflect the upside potential, the Vetr community decided to upgrade its rating on shares of Box Inc on Tuesday, from 4.0 stars (Buy) to 4.5 stars (Strong Buy), out of a possible five-star rating.

However, It should be noted that only 63 percent of the crowd’s ratings are bullish at the time, meaning that those bullish are very optimistic on the upside the stock offers.