Information Provided By: 
Fly News Breaks for April 29, 2019
RPD
Apr 29, 2019 | 09:04 EDT
Needham analyst Alex Henderson raised his price target on Rapid7 to $60 ahead of its Q1 results this week, saying the guidance and estimates "look beatable as new feature launches broaden demand." The analyst also points to the praise on the company's "integration with SIEM technologies" by Gartner, which he believes "enhances buyer interest and bolsters the pipeline." Henderson expects Rapid7 shares to rally on Q1 earnings print, noting the stock "still has solid upside."
News For RPD 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."
