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

2015-02-17 20:15:47| Chemicals - Topix.net

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. and others in cloud storage, but its current valuation is bit rich for a money-losing company, said Richard Davis, an analyst for Canaccord Genuity, in a research report Tuesday.

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