legacyFXofficial

DROPBOX - BULLISH SCENARIO

Long
NASDAQ:DBX   Dropbox, Inc.
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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