UBS Adjusts Dropbox Price Target to $26
UBS has adjusted its price target for Dropbox, Inc. to $26 from $23 while maintaining a Sell rating.
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Dropbox to Cut 9% of Workforce
Dropbox, Inc. has announced plans to reduce its total workforce by 9% as part of a restructuring effort.
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RBC Capital Markets Raises Dropbox Price Target to $48
RBC Capital Markets has increased its price target for Dropbox, Inc. from $42 to $48 while maintaining an Outperform rating.
RBC Capital Maintains Outperform on Dropbox, Raises Price Target to $48
Deal Dispatch: Salesforce Buys Cresta, CrowdStrike Acquires Two AI Companies, Out West Restaurant Group Bankruptcy
This week’s deals include Salesforce agreeing to buy Cresta, CrowdStrike’s reported $495 million purchase of two AI security startups and CVR Energy’s $4.2 billion deal for two Marathon Petroleum refineries, plus the Chapter 11 filing of Outback franchisee Out West Restaurant Group.
Dropbox to Acquire Tigris Data and Launch DBX Agent Cloud
Dropbox announced an agreement to acquire Tigris Data for approximately $350 million and introduced its new AI infrastructure platform, DBX Agent Cloud.
Dropbox Announces Plans to Acquire Tigris Data Inc.
Dropbox has announced its intention to acquire Tigris Data Inc., a company specializing in data infrastructure.