Susquehanna lowered the firm’s price target on Rapid7 (RPD) to $30 from $40 and keeps a Neutral rating on the shares. The firm said 1Q was generally okay, and the company noted continued pressure on its traditional VM offering. Given the increased macro uncertainty, the company lowered its FY top-line outlook, though management continues to expect growth to reaccelerate in 2026.
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Read More on RPD:
- Rapid7 price target lowered to $40 from $45 at Raymond James
- Rapid7 price target lowered to $29 from $38 at Stifel
- Rapid7 price target raised to $28 from $26 at Baird
- Rapid7 price target lowered to $30 from $35 at Piper Sandler
- Strategic Repositioning and Strong Demand Support Buy Rating for Rapid7 Amid Market Challenges