Box, A Hot IPO, Merely A Neutral With New Coverage

By | February 17, 2015

Scalper1 News

Box (BOX) was a hot IPO, maybe too hot, say analysts who initiated coverage of the cloud storage firm with neutral ratings while praising its potential. Several investment banks have initiated coverage of the company, more than three weeks since Box stock jumped 66% in its Jan. 23 debut, and have generally given the company neutral or equivalent ratings. Box is a high-growth company that has the potential to take on rivals Google (GOOGL), Scalper1 News

Scalper1 News