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RPD

Rapid7

$15.06

(0.00%)

09:20
08/08/17
08/08
09:20
08/08/17
09:20

Rapid7 upgraded to Positive at Susquehanna

As previously reported, Susquehanna analyst Anne Meisner upgraded Rapid7 to Positive from Neutral on the heels of a solid quarter and a sharp pullback in the shares over the past two months. She notes the company continues its shift to a subscription model and she sees strong mid-market security spending trends. Meisner maintained her $20 price target on Rapid7 shares.

RPD Rapid7
$15.06

(0.00%)

08/08/17
SUSQ
08/08/17
UPGRADE
SUSQ
Positive
Rapid7 upgraded to Positive from Neutral at Susquehanna
07/06/17
KEYB
07/06/17
NO CHANGE
KEYB
Outlook for IT security names positive, says KeyBanc
KeyBanc analyst Rob Owens expects "robust spending" on IT security in 2018, driven by the EU's GDPR requirements and sales of new firewall products, as well as the impact of recent attacks. As a result, he says that the set-up for IT security names into 2H17 is positive. He identifies Barracuda (CUDA), Fortinet (FTNT), Okta (OKTA), Palo Alto Networks (PANW), and Rapid7 (RPD) as his favorite names in the space.
06/16/17
COWN
06/16/17
NO CHANGE
Target $22
COWN
Outperform
Rapid7 growth underappreciated by investors, says Cowen
Cowen analyst Gregg Moskowitz said many investors tend to underappreciate the growth rate of Rapid7 after it significantly enhanced its cloud-based insight analytics platform, which is driving higher levels of new customer acquisition, better cross-selling activity, and stronger lifetime customer value. Moskowitz reiterated his Outperform rating and $22 price target on Rapid7 shares.
06/06/17
SUSQ
06/06/17
INITIATION
Target $20
SUSQ
Neutral
Rapid7 initiated with a Neutral at Susquehanna
Susquehanna analyst Anne Meisner initiated Rapid7 with a Neutral and a $20 price target given strong year-to-date performance.

TODAY'S FREE FLY STORIES

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UBX

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CAMP

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HA

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