---
title: "B of A Securities Downgrades Dropbox to Underperform, Lowers Price Target to $28"
description: "B of A Securities analyst Michael Funk downgrades Dropbox (NASDAQ:DBX) from Buy to Underperform and lowers the price target from $34 to $28."
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/108052583.md"
published_at: "2024-02-16T12:43:05.000Z"
---

# B of A Securities Downgrades Dropbox to Underperform, Lowers Price Target to $28

> B of A Securities analyst Michael Funk downgrades Dropbox (NASDAQ:DBX) from Buy to Underperform and lowers the price target from $34 to $28.

B of A Securities analyst Michael Funk downgrades Dropbox (NASDAQ:DBX) from Buy to Underperform and lowers the price target from $34 to $28.

### Related Stocks

- [DBX.US - Dropbox](https://longbridge.com/en/quote/DBX.US.md)
- [TGT.US - Target](https://longbridge.com/en/quote/TGT.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.