Baird analyst Shrenik Kothari raised the firm’s price target on Rapid7 (RPD) to $28 from $26 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results where it continues to navigate choppy waters.
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Read More on RPD:
- Rapid7 price target lowered to $30 from $35 at Piper Sandler
- Strategic Repositioning and Strong Demand Support Buy Rating for Rapid7 Amid Market Challenges
- Rapid7 price target lowered to $25 from $26 at Barclays
- Rapid7 Reports Modest Growth Amid Strategic Initiatives
- Hold Rating on Rapid7 Amid Mixed Q1 Results and Macroeconomic Challenges