Rapid7 price target lowered to $25 from $29 at UBS

UBS analyst Roger Boyd lowered the firm’s price target on Rapid7 (RPD) to $25 from $29 and keeps a Buy rating on the shares. Despite weakening sentiment into 2026, the cybersecurity sector remains attractive, with spending expected to outpace overall IT growth, consolidation continuing, and AI-enabled use cases further maturing, the analyst tells investors in a research note. While stock selection may remain challenging, the most compelling opportunities are likely among mid-cap platform names still in the early stages of formation, UBS argues.