Susquehanna lowered the firm’s price target on Rapid7 (RPD) to $8 from $15 and keeps a Neutral rating on the shares. The firm said 4Q results and outlook were mixed, as while D&R traction has remained generally solid, it has not been able to fully offset weakness in the core VM business.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RPD: