Dropbox: Set Target: $40

Dropbox, the tech unicorn, has finally IPO'd in the stock exchange. The IPO has so far crossed the neutral price of $30. However, given consumer demand, recent launch, as well as Dropbox's future after general public funding, I believe a long target of $40 is beyond reasonable. This is also true given how Dropbox positioned themselves in the market beyond traditional data storage. Dropbox is expanding through the use of APIs in comparison to what Amazon was doing to their cloud infrastructure.