Raymond James analyst Michael Turits raised his price target for Rapid7 to $75 from $69, saying that while he does not get material checks on Rapid7 from the channel, security checks overall were solid and he continues to expect strong demand for its core vulnerability management business, as well as its cloud-based SIEM business, and new areas including application security and automation. Discussions with customers this quarter indicate increasing priority for vulnerability management, he said, although he did hear some reports of increased price aggressiveness from Rapid7 and Tenable targeting enterprise customers. The analyst made no change to his Strong Buy rating.