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Fly News Breaks for July 29, 2019
RPD
Jul 29, 2019 | 09:01 EDT
Needham analyst Alex Henderson raised his price target on Rapid7 to $72 and kept his Buy rating ahead of its Q2 earnings this week. The analyst says the company continues to execute and should produce a "solid beat and raise" thanks to the momentum of its new products, middle market success, and the integration of its SIEM with its VM capabilities gaining traction. Henderson adds that Rapid7 should be able to "power through" the more difficult comps.
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