Why Dropbox (DBX) Might be Well Poised for a Surge
Dropbox(DBX) ZACKS·2024-11-22 18:21
Dropbox (DBX) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this online file-sharing company, should get reflected in its stock price. After all, empirical research shows a strong correlation between tr ...