Downgrades Buy Underperform X

DBX Dropbox

BofA Securities

$34 $28

Downgrades Neutral Sell X

DBX Dropbox

Goldman

$26 $24

Downgrades Mkt Outperform Mkt Perform X

DBX Dropbox

JMP Securities

Downgrades Overweight Neutral X

DBX Dropbox

JP Morgan

$33 $30

Initiated Buy X

DBX Dropbox

UBS

$36

Downgrades Outperform Mkt Perform X

DBX Dropbox

William Blair

Upgrades Sell Neutral X

DBX Dropbox

Goldman

$22 $25

Downgrades Buy Hold X

DBX Dropbox

Jefferies

$25

Initiated Underperform X

DBX Dropbox

Credit Suisse

$20

Initiated Overweight X

DBX Dropbox

KeyBanc Capital Markets

$30

Initiated Buy X

DBX Dropbox

BofA Securities

$34

Initiated Neutral X

DBX Dropbox

Citigroup

$24

Initiated Hold X

DBX Dropbox

Berenberg

$25

Resumed Outperform X

DBX Dropbox

RBC Capital Mkts

$28 $35

Initiated Sell X

DBX Dropbox

Goldman

$26

Resumed Sector Weight X

DBX Dropbox

KeyBanc Capital Markets

Initiated Underperform X

DBX Dropbox

Bernstein

$19

Upgrades Neutral Buy X

DBX Dropbox

BofA/Merrill

$33

Initiated Outperform X

DBX Dropbox

William Blair

Reiterated Buy X

DBX Dropbox

Canaccord Genuity

$38 $35

Upgrades Reduce Neutral X

DBX Dropbox

Nomura

Initiated Neutral X

DBX Dropbox

Monness Crespi & Hardt

Reiterated Buy X

DBX Dropbox

Canaccord Genuity

$36 $38

Upgrades Sec Perform Outperform X

DBX Dropbox

RBC Capital Mkts

Upgrades Hold Buy X

DBX Dropbox

Jefferies

Reiterated Buy X

DBX Dropbox

Canaccord Genuity

$35 $36

Initiated Neutral X

DBX Dropbox

BofA/Merrill

$31

Initiated Buy X

DBX Dropbox

Canaccord Genuity

$35

Initiated Neutral X

DBX Dropbox

Goldman

$27

Initiated Hold X

DBX Dropbox

Jefferies

$31

Initiated Mkt Outperform X

DBX Dropbox

JMP Securities

$35

Initiated Overweight X

DBX Dropbox

JP Morgan

$32

Initiated Overweight X

DBX Dropbox

KeyBanc Capital Mkts

$40

Initiated Outperform X

DBX Dropbox

Macquarie

$34

Initiated Overweight X

DBX Dropbox

Piper Jaffray

$40

Initiated Sector Perform X

DBX Dropbox

RBC Capital Mkts

$33

Initiated Reduce X

DBX Dropbox

Nomura

$21

DBX  Dropbox, Inc.

Dropbox, Inc. is a collaboration platform that's transforming the way people and teams work together. It offers following products: Dropbox Basic, Plus, Professional and Business. The Dropbox Basic is the simple, powerful home for photos, videos, docs, and other files. Its users also get access to new product Dropbox Paper, a collaborative workspace that helps teams create and share early ideas, and work with any type of content, in one centralized place. The Dropbox Plus provides unrivalled sync along with 1 TB of space, powerful sharing features, and increased control. The Dropbox Professional allows independent workers to store, share, and track their work from one place. The Dropbox Business is designed for small to enterprise level businesses, which users get full visibility and control over how critical work files are accessed and shared while letting team members continue to use the products. Dropbox was founded by Andrew W. Houston and Arash Ferdowsi in June 2007 and is headquartered in San Francisco, CA.