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Fly News Breaks for December 9, 2016
IMPR, RPD
Dec 9, 2016 | 08:46 EDT
After Rapid7 (RPD) named Imprivata (IMPR) CFO Jeff Kalowski as its new CFO, Pacific Crest analyst Rob Owens says that Kalowski's hiring should ease Rapid7 investors' concerns as he is "well-known" in the security data and analytics space. Owens keeps a $25 price target and an Overweight rating on Rapid7.
News For RPD;IMPR From the Last 2 Days
RPD
Apr 26, 2024 | 07:13 EDT
Scotiabank analyst Patrick Colville last night initiated coverage of Rapid7 with a Sector Perform rating and $46 price target. The analyst sees some execution risk and estimate risk. The company's exposure to smaller companies, large enterprise accounts not standardizing on Rapid7, the company ceding share in vulnerability management, and it capping investment "might be a drag," the analyst tells investors in a research note. The firm says the shares "aren't a golden buying opportunity right now."
