UBS raised the firm’s price target on Rapid7 (RPD) to $34 from $30 and keeps a Buy rating on the shares. Rapid7’s Q2 was “ok,” but the company again cut guidance, the analyst tells investors in a research note.
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Read More on RPD:
- Cautious Hold Rating for Rapid7 Amid Strategic Shift and Execution Risks
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- Rapid7’s Growth Potential Highlighted by Strong Performance and Strategic Platform Approach Despite Challenges
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- Balanced Risk/Reward Scenario for Rapid7 Amidst Growth and Challenges
