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Is This the Top for Black Box Corporation (BBOX)

Zacks Equity Research

Black Box Corporation (BBOX) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because BBOX is now in overbought territory with an RSI value of 72.3. Furthermore, estimates for the Black Box Corporation have been coming down, pushing it to Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

BLACK BOX CP (BBOX): Free Stock Analysis ReportZacks Investment Research