DROPBOX - BULLISH SCENARIO
On Thursday the cloud-based data storage company reported fiscal fourth-quarter results that exceeded Wall Street analysts forecasts, and it topped $2 billion in annual sales.
The reported Q3 EPS of $0.43, $0.05 better than the analyst estimates of $0.38. Revenue for the quarter came in at $591 million versus the consensus estimate of $586.15 million.
The short-term price target is located at $ 25 and the long-term at $ 32.
In other words that`s between 15 % to 50% possible return
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The reported Q3 EPS of $0.43, $0.05 better than the analyst estimates of $0.38. Revenue for the quarter came in at $591 million versus the consensus estimate of $586.15 million.
The short-term price target is located at $ 25 and the long-term at $ 32.
In other words that`s between 15 % to 50% possible return
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
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