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Fly News Breaks for July 29, 2019
RPD
Jul 29, 2019 | 08:35 EDT
RBC Capital analyst Matthew Hedberg raised his price target on Rapid7 to $70 and kept his Outperform rating ahead of its Q2 results this week. The analyst expects "strong results and positive trends" from its Insight Agent software to drive cross-sell opportunities, with investor focus falling on the company's new customer additions and recurring revenues.
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