JPMorgan lowered the firm’s price target on Rapid7 (RPD) to $20 from $22 and keeps a Neutral rating on the shares post the earnings report. The firm says execution challenges are overshowing the company’s product innovation.
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Read More on RPD:
- Rapid7: Overcoming Challenges with Strategic Leadership and Growth Opportunities
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- Gray Powell Maintains Hold Rating on Rapid7 Amidst Growth Challenges and Promising Detection and Response Business
- Rapid7 price target lowered to $18 from $21 at Barclays